Property investors seek big returns in Asia
2005年11月21日 星期一
亚太地区商用房产交易激增
Property investors seek big returns in Asia
据今天公布的一份调查,由于亚太地区的商用房产交易激增,今年全球商用房产投资市场将创新高。
The global market in commercial property investment is set to hit new highs this year after a surge in deals in the Asia-Pacific region, according to a survey published today.
房地产代理商仲量联行(Jones Lang LaSalle)表示,全球今年会有创纪录的5500亿美元交易,上半年商用房产市场的交易金额攀升了18%,达2370亿美元。
Across the world there is likely to be a record $550bn (?468bn, £320bn) of transactions this year, after the market rose 18 per cent to $237bn in the first half, according to Jones Lang LaSalle, the property agents.
投资者一直是全球各地商用房产的热情买家,这部分是4年前的股市崩盘造成的对抗性反应。
Investors have been enthusiastic buyers of commercial property across the world, partly as a backlash against the stock market crash of four years ago.
The most frantic activity this year looks certain to be in the relatively small markets of Asia-Pacific, where deals were up 45 per cent in the first half. This reflects a growing interest from international investors in the region.
For example this month saw the launch of a new fund from Aetos Capital the US private equity group, with $10bn to spend just in Japan, the largest commercial property market in the region.
Investors are also looking closely at China and India – albeit from a small base. The value of Chinese transactions in the first half was 2.5 times higher than for the whole of 2004.
The search for higher returns in Asia-Pacific is likely to lead to more deals, said Tony Horrell, chief executive of JLL‘s international capital group, who argued this would make their property markets more liquid and transparent.
The US still dominates the global real estate market, accounting for 53 per cent of all transactions in the first half, according to the JLL figures. Yet Americans were net sellers of domestic real estate during the first half as they sought higher yields overseas.
同时另一项调查发现,2005年将成为房地产私人股本市场创纪录的筹资年。
Meanwhile the real estate private equity market is set for a record fund-raising year for 2005, a separate survey has found.
Groups such as Morgan Stanley and Lehman Brothers will have raised $18bn this year, giving them about $100bn to spend on global property in the coming months, according to the report by Ernst & Young.