China led a jump in investment in Asia-Pacific commercial properties to $4.2 trillion in 2012 as economic growth drove up capital values and supported new construction, according to London-based broker DTZ.
Investors bought $300 billion of commercial property across the Asia-Pacific region, an 8 percent increase from 2011 in U.S. dollar terms, a report by DTZ showed today. China overtook Japan to become the region’s largest market with $1.5 trillion of investments, up from $1.3 trillion in 2011, DTZ said.
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Nichola Saminather, Bloomberg News via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/DFdlqNE306M/
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