Asia property deals tipped for record high
Monday, October 27, 2014
(AsianInvestor by Oliver Jones) – Property deal volume in Asia is set to hit an all-time high this year, said Graham Mackie, chairman of the investor advisory board of the Asian Association for Investors in Non-Listed Real Estate Vehicles (Anrev), but he did not provide a figure.
Investment will grow further as the gap between real estate capitalisation (cap) rates in the West and Asia narrows, said Christina Gaw, managing principal of Hong Kong-based private equity real estate firm Gaw Capital Partners, the second biggest investor in Asian property by value this year, according to RCA (see figure 2).
