12 Apr '11, 7am

Global commercial #real estate investment volumes surge to almost USD90 billion in Q1'11. #JLL

CHICAGO, LONDON, SINGAPORE, 12th April 2011 – Preliminary figures released today by Jones Lang LaSalle’s Capital Markets Research reveals that global direct commercial real estate investment volumes totalled just under US$90 billion in the first quarter of 2011. This figure is down 20% from the previous quarter but up nearly 38% from Q1 2010, indicating the continued appeal of commercial property to a broad range of investors. Arthur de Haast , Head of the International Capital Group at Jones Lang LaSalle said: “We continue to see strong interest for core product in gateway cities from institutional and private investors. However, investors are only moving into riskier markets and products on a selective basis, with many waiting to see more bank-released product or stronger fundamentals first.” In Asia-Pacific, volumes rose both compared to the previous quarter and to the ...

Full article: http://www.joneslanglasalle.com.sg/Singapore/EN-GB/Pages/...

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