Strong recovery in countries from within the Asia Pacific region has led Aviva Investors to highlight the region as being one of the most attractive international real estate markets for long-term investors. The organisation claims that following a challenging 18 months, capital values across most sectors are stabilising, The Asset Magazine reports.
In addition, Aviva Investors reports that buyer demand is also returning, suggesting that confidence is returning to the property sector. Commercial real estate investment was USD 38.6 billion over the first three months of 2010, according to figures from DTZ – representing an increase of 37 per cent quarter-on-quarter.
Ian Hally, chief executive of Asia-Pacific Real Estate at Aviva, explained to the news provider that Asian economies are better placed for recovery than their Western counterparts. Asia has been less reliant on debt over the past decade at a government, corporate and personal level, which should lead to stronger investor and occupier demand, he said.
Considering the strong fundamentals, experienced and long-term real estate investors have an excellent opportunity to achieve strong risk-adjusted returns within the region.