Emerging Trends In Real Estate®: Asia Pacific 2013 Ranks Jakarta as Asia’s Top Real Estate Investment Market, As Investors Seek Opportunities Outside of Region’s Core Markets
HONG KONG (November 29, 2012) – Real estate investor sentiment in the Asia Pacific property sector remains relatively positive, despite continuing global economic uncertainty, according to Emerging Trends in Real Estate® Asia Pacific 2013 , a real estate forecast jointly published by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC) . However, while steady economic growth, rising incomes, and stable or increasing property values are contributing to an overall sense of optimism, the outlook is tempered by concerns among investors that prime assets in key real estate markets in the Asia Pacific region are becoming overpriced.