Brexit has further muddied the waters about the outlook for the global economy, the impact of which will be difficult for the Japanese economy as a whole to avoid.
"The Phuket hospitality market continues to be a focus of investors globally and we are anticipating very strong interest in this asset, particularly given the significant future development angle that it offers."
Local retailers in Vietnam are facing certain pressures in the market given the increasing penetration of foreign retailers into Vietnam recently because the market share is being split, which could present a risk of less business activity.
The weight of capital in Asia Pacific is such that alternative capital sources inside Asia will be able to take advantage of the opportunities presented.
Is the grass greener offshore for Korean investors?
A notable trend in our real estate market last year was a sharp increase in offshore investment activity. Local institutional investors and Asset Management Companies beefed up overseas investment teams and cross border activity jumped 68% y-o-y in 2015 to USD5.6 billion.
The new challenge of housing Asia’s aging population
With Asia-Pacific’s elderly population expected to swell by almost five times by 2050 and family dynamics changing fast, the region is facing tough new challenges in how to house and care for the older generation.
