Salient to Investors: Joseph Pacini at BlackRock said: Asian institutions’ appetite for regional real estate investments has returned as they hunt for yield for their growing assets amid low interest rates and are expected to deploy more money and a bigger percentage of their property allocations to Asia, especially in
READ MORE... →Salient to Investors: Marc Faber at the Gloom Boom & Doom Report says: High-end assets from stocks to art to real estate are in a bubble caused by central bank money-printing. This money doesn’t increase economic activity and asset prices in concert, instead creates dangerous excesses in countries and asset
READ MORE... →Salient to Investors: CBRE said office space in San Francisco rose the most in the world in the year to September 30 fueled by technology companies. Seattle had the 4th largest rise. Asieh Mansour at CBRE said the U.S. high-tech sector has matured, with new applications for even traditional businesses. Mansour predicts San Francisco’s gains and Asia-Pacific expansion will slow
READ MORE... →Salient to Investors: Albert Sung at Katchum Macro-Economic Blog writes: The Fed can print money but can’t control where it goes. Money is now flowing into Asia – Thailand, Indonesia, Hong Kong, Shanghai, Australia are at new highs, while the Hong Kong and Shanghai real estate markets are making new highs. Asian real estate developers in
READ MORE... →Salient to Investors: PricewaterhouseCoopers ranks London a close second behind New York as a financial center on its economic clout, ease of doing business, innovation and attraction as an international gateway. Toronto and Paris rank 3rd and 4th, Singapore 7th, Hong Kong 8th. Paris topped the livability category. Read the full article at http://www.bloomberg.com/news/2012-10-12/london-jumps-to-second-behind-nyc-in-pwc-rank-of-finance-cities.html
READ MORE... →Salient to Investors: Leslie Chua at Deutsche Bank says: Retail real estate and logistics facilities in Southeast Asian cities, including Bangkok, Jakarta and Kuala Lumpur, are attractive and office markets in Sydney and Melbourne are attractive because of a lack of supply. Investors are caught between a rock and a hard place – the need to
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