The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Real estate survey 2010: It’s all about Asia

Asia’s property markets avoided the worst of the global financial crisis and Chinese buyers are leading the way in global commercial real estate turnover, even as the country’s domestic property market struggles with the fallout from overheating. Joti Mangat reports.

CHINESE BUYERS ARE driving global commercial real estate turnover, albeit in their local markets. Chinese funds make up more than 90% of the top 10 most active buyers by global deal volume, with $48.3 billion of reported acquisitions, according to Real Capital Analytics, a US-based data provider. Blackstone is the only western fund to feature in the Real Capital Analytics Most Active Buyers table, with $4.1 billion invested this year. Despite growing fears that fiscal stimulus has inflated the property market to unsustainable levels, Chinese rents and valuations have recovered after a brief dip following the 2009 Olympics construction boom. Jason Kern, managing director and head of real estate advisory, Asia-Pacific, at HBSC, says that residential demand in such markets as China, Hong Kong, Singapore and India has clearly been keeping up with supply, as evidenced by escalating home prices across the region and the consequent policy tightening by various governments to "let some air out of the bubble".

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree