Although Asia-Pacific is expected to account for only 15 per cent within the global context, investor appetite for Asian properties has never been bigger. The rapid regional economic growth, yield compression worldwide, diversification requirements by institutional investors, and the introduction of real estate investment trusts (Reits) have all been crucial in attracting investments to the region.

In addition, in the relentless pursuit of globalisation, many global corporations have relocated their manufacturing and business support activities to Asia, with China and India being the most popular destinations. In China for example, labour costs, property prices and cost of living in first tier cities such as Beijing and Shanghai have been increasing substantially over the past decade, some manufacturers are now relocating to second tier locations in an attempt to keep their overheads low. As a result, development opportunities in these less familiar places are currently attracting huge attention from investors around the world.

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