2007'10.31.Wed
MIPIM Asia: Cushman & Wakefield Unveil Asia Pacific Investment Report
October 22, 2007
28 - 30 November 2007, Convention and Exhibition Centre, Hong Kong Pre-opening Conference, 27 November 2007 PARIS, Oct. 22 /Xinhua-PRNewswire/ -- For the second year, the internationally-respected property consultants Cushman & Wakefield have partnered with MIPIM Asia to produce the 2007 Asia Pacific investment report. MIPIM Asia, the world's property market in Asia Pacific, will be held at the Hong Kong Convention and Exhibition Centre from November 28 to 30. (Logo: http://www.xprn.com/xprn/sa/200705101053.JPG ) Covering Australia, China, Hong Kong, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam, the report provides a broad overview of the key factors -- risk assessment, regulatory changes, economic prospects, return expectations and market trends -- that play a major part in property investment decision-making. "MIPIM Asia has established itself as the international property market in Asia Pacific and it is an essential part of our role as a business facilitator to provide our clients and the wider industry with quality information about the region," says MIPIM Asia Director Gilles Saint Georges Chaumet. "Cushman & Wakefield's experience and knowledge of the industry and the Asia Pacific region is invaluable." Highlights of the 2007 Asia Pacific investment Report include: -- The Australian office, industrial and retail markets are all expected to perform strongly over the next 12 months. -- Overseas property investors in China will start looking at a broader range of product types and investment scenarios and a much wider range of geographical locations. -- India's hospitality sector is expected to emerge as a key area for investors over the next few years, due to a demand-supply imbalance and a lack of quality infrastructure. -- A resurgent Japanese economy and strong demand from investment funds, particularly foreign funds, is driving commercial land prices upwards. -- There is a new sense of optimism in Singapore brought on by an improving economy, emerging high-impact tourism and iconic real estate projects. -- A revised Korean REITs Act will lessen stringent conditions placed on establishing REITs and is expected to significantly increase the REITs market share. To access the 2007 Asia Pacific Investment Report visit http://www.mipimasia.com . Note to Editors MIPIM ASIA(R) is a registered trademark of Reed MIDEM - all rights reserved. Founded in 1963, Reed MIDEM is a leading organizer of professional, international tradeshows. Reed MIDEM events have established themselves as key dates in professional diaries. The company hosts MIPTV featuring MILIA, MIPDOC, MIPCOM, and MIPCOM JUNIOR for the television and digital content industries, AMAZIA devoted to the creation and distribution of entertainment content, MIDEM for music professionals, MIPIM, MIPIM Asia, MIPIM HORIZONS and MAPIC for the property and retail real estate sectors, GLOBAL ASSET for asset management professionals and GLOBAL CITY for urban management specialists. Reed MIDEM is a division of Reed Exhibitions, the world's leading organiser of exhibitions and conferences delivering over 460 events in 34 countries and serving 52 industries worldwide. For further information about Reed MIDEM visit http://www.reedmidem.com . For more press information, please contact: Press Office in Paris: M¨¦lanie AIGLE Tel: +33-01-4190-4995 Fax: +33-01-4190-6724 Email: melanie.aigle@reedmidem.com Belinda CHAN in Hong Kong: Tel: +852-2372-0090 Email: belinda@creativegp.com
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