HSBC predicts rapid growth in Asia's Real Estate Investment Trusts (REITs) over the next few years, driven by investor demand for safer, income-generating assets.
Two Indian real estate deals, Leela Kempinski Kovalam and Noida's Wave Mega City Centre, ranked among Asia's top ten in August 2011, according to Real Capital.
Indians topped Dubai's property buyer list in 2011, investing Rs 292 crore, marking 16% of total new investments. Asian investors, with UAE and Indian nationals leading, comprised 68% of the investor pool.
CapitaMalls Asia plans to invest INR 1,800 crore in India to fund existing malls and develop seven new ones in key cities by 2013.
Emerging markets outpace developed nations in real estate performance, with increased lease demand but falling rents in many surveyed countries. India shows promising rental and capital value growth.
Global property market transactions fell 46% in Q1 2008, but investment in Asia and emerging markets continued to grow, driven primarily by acquisition of land and development rights.
Hilton plans to add 300 hotels in Asia over the next decade, focusing on India and China to capitalize on the travel boom. The expansion includes a joint venture with DLF Ltd. in India, aiming to open 75 hotels in five years.
Asian property investment hit a record $121 billion in 2007, a 27% year-on-year increase, despite the global credit crunch.
While major markets like the US and UK face scrutiny, Asian real estate remains resilient, demonstrating growth amidst global economic challenges.
Mumbai's industrial property rents surged dramatically last year, nearly doubling and ranking among the fastest increases worldwide, according to an international report.
ING Group NV launches new Asia real estate fund in Hong Kong focusing on listed REITs and real estate companies.