Real estate consultants Jones Lang LaSalle in conjunction with law firm Blake Dawson, have launched The Asia Pacific Property Investment Guide 2012, a comprehensive guide to how real estate markets operate across Asia Pacific. The Guide, which is the second edition addresses the fundamentals of real estate investment across 16 key markets in Asia Pacific including property tenure, operational requirements for foreign corporations, major property legislation, foreign investment incentives, tax matters, restrictions on property ownership and exchange controls to real estate investment trusts.
With global economic uncertainty weighing on investor sentiment, The Asia Pacific Property Investment Guide 2012 now includes an online version for investors, which includes country comparison tools to aid crucial investment decisions.
Dr Megan Walters, Head of Research for Asia Pacific Capital Markets at Jones Lang LaSalle commented, “Real estate markets are frequently subject to changes in regulation by government departments and statutory bodies affecting foreign investors. In Asia Pacific the countries we report on for investors have very different rules governing real estate markets. This is the second year we have worked with lawyers Blake Dawson to produce the guide, which has proven to be a valuable tool for clients looking to invest in real estate markets across Asia Pacific.”
Rhonda Hare, Partner, Blake Dawson Singapore commented, “We continue to see strong interest in the property sectors in Asia and Australia, particularly from our European and US clients as they look to diversify into these growth markets. The markets in Asia continue to provide opportunities – but dealing within in these complex markets require an understanding of the legal requirements for doing business in these markets and an understanding of the cultural nuances. This guide gives a good introduction to a number of key jurisdictions across Asia.”
