Friday, April 11, 2008

'Global real estate investment volumes likely to decline'

Mumbai: Real Number estate direction and services house Mother Jones Lang Sieur de LaSalle anticipates planetary investing volumes to be down by over 30 per cent in 2008, after a record twelvemonth in 2007 when volumes were up eight per cent year-on-year to $759 billion.

Asia may be more than resilient, though volumes will not accomplish 2007 levels, its up-to-the-minute planetary existent estate working capital study said. Mother Jones Lang runs in over 700 metropolises in more than than 60 countries.

Tony Horrell, International Director and Head of European Capital Markets, said reduced debt handiness and investor assurance were likely to remain for much of the first one-half of 2008 as the impact of the debt squeezing goes on to rippling through markets, and cardinal bankers and moneymen work to stabilise and excite the debt markets. "We make not anticipate a strategical and planned backdown of working capital from existent estate in 2008, or investors to significantly set their allotments to the plus class. Forecasts for 2008 stay positive and the long-term trends in existent estate go on to be positive drivers."

Whilst domestic investing remained at about $400 billion globally in 2007, similar to 2006 volumes, cross-border investment (purchaser, seller or both are from outside the state where the plus is located) increased by $58 billion to $357 billion in 2007 and of that, inter-regional investment (purchaser, seller or both are from outside the region) accounted for $242 billion.

Asia Pacific

Direct commercial existent estate investing reached a record $121bn in 2007, up 27 per cent on 2006. Japan, by far the biggest marketplace in the region, accounted for 50 per cent of the sum transactions.

Stuart Crow, Head of Asia Capital Markets, said, "We are seeing a definite displacement in the beginning of active investors. While the Australian Listed Place Trusts (LPTs) played a big portion in the purchasing activity in 2007 within the region, equity marketplace kinetics at place are making it hard for many of these finances to do accretive acquisitions outside of Australia. Instead, we are witnessing the re-emergence of Nipponese involvements in abroad investments, particularly in the development marketplaces of China, Republic Of India and Vietnam."

Labels: , , , , , , , , , ,


Tuesday, December 11, 2007

Jones Lang LaSalle plans to invest $5 bn in property market

MUMBAI:
The US-based Mother Jones Lang Sieur de LaSalle (JLL), the world’s leading integrated
global existent estate services and money direction firm, is planning to strengthen
its place in India. The firm, which recently incorporate with Trammel Net Crow
Meghraj, a place adviser based in Mumbai, will convey in its investment
management concern to Republic Of India and have programs to put around $5 billion in the
country’s burgeoning property
market. “We don’t
have any presence in India’s investing direction service sector. Now, we
have lined up programs to convey in the concern to the country. We have got also
earmarked stopping point to $20 billion for the Asia-Pacific region, and Republic Of India would get
anywhere fold to 5% of the amount,” said, Mother Jones Lang Sieur de LaSalle president
and main executive director officer, Colin
Dyer. He said the monetary fund would be
deployed in the high growing sectors like existent estate, cordial reception and
infrastructure sectors for investment. For the first clip in its 220 old age of
history, JLL recently hosted in Republic Of India its planetary board of managers and global
executive committee. “We
are excited by the chances that prevarication ahead for our business, employees and
clients in India,” said Mister Dyer. He said the Indian existent estate marketplace is
burgeoning and becoming a important subscriber to India’s economic
growth. The state is on the microwave radar of many corps looking at investment or
expanding their concerns in Asia and the economical and concern mentality is
positive. In India, the merger
of Mother Mother Jones Lang Sieur de Sieur de LaSalle and Trammel Net Crow Meghraj in June 2007 to constitute Jones Lang
LaSalle Meghraj have helped the house to beef up its presence in the real
estate services industry in this flourishing economy, states an industry
official.

Labels: , , , , , , , , , ,


This page is powered by Blogger. Isn't yours?