Colliers sees jump in Asian property transactions in 2015

Singapore

REAL estate transactions in Asia will probably increase in 2015, driven by greater supply that is finally starting to meet strong demand, Colliers said in a report on Monday.

"There is pent-up underlying demand from both occupiers and investors, primarily due to the lack of stock (previously), and that will gradually be satisfied by what we anticipate as a growing volume of new supply in 2015," the consultancy firm said.