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Global Property Investment Volumes Rose In 2012, May Breach $1 Trillion This Year - Study
Tom Burroughes
15 March 2013
Investment volumes in the global property increased by 6 per
cent in 2012 from a year before while the Asian market, for some time one of
the busiest regions, lagged with a growth rate of 3.7 per cent last year,
according to
Cushman & Wakefield, the real estate services firm. Overall investment in the Asia-Pacific region, the report
said, amounted to $437.6 billion in 2012. According to the firm’s latest International Investment
Atlas released yesterday, the global property investment market saw volumes of
activity reaching $929 billion. Globally, investment volumes rallied in the in the final
three months of 2012, which suggests the rise of momentum that could see volumes
this year increase by around 14 per cent to exceed $1 trillion mark for the
first time since 2007, the firm predicted. The increase in activity this year will be led by North America and Asian markets and driven by increased
allocations to property by institutions and high net worth individuals/families
plus increased stock on coming to the market, it said. In 2012 by country/region, the US and Mexico were the
biggest gainers in the Americas; Malaysia, Vietnam, Australia and New Zealand
enjoyed the strongest growth rates in Asia; while for Europe, Finland, Norway,
Switzerland and Ireland saw the highest growth. More modest increases in big markets like mainland China, Germany
and Hong Kong were also clearly instrumental
in delivering growth at the global level. The firm said that investment activity will rise by between
15 per cent and 20 per cent in 2013 in the Asia Pacific region.