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More funds for Asia-Pac property: CBRE survey
Many investors' budgets for real estate purchases in the region this year will be 10-20% higher than 2013's
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Mindy Tan
Published Wed, Mar 19, 2014 · 10:00 PM
[SINGAPORE] Investors plan to commit more capital to the Asia-Pacific real estate market in the coming year, with 64 per cent of respondents in a survey saying they expect their purchasing activity to be higher than last year.
Notably, around 30 per cent of them said they expect their purchasing level to be 20 per cent higher this year; 19 per cent said they expect to raise their activity by 10-20 per cent.
Another 30 per cent said their level of activity would be the same, and just 4 per cent said they would be less active this year.
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