Asia-Pacific economies maintained growth in the third quarter, albeit at slower rates than the second quarter. The region is bracing for more volatility ahead due to the intensified global financial headwinds.
Asian economies generally grew at a strong pace in the first half of 2011, although momentum moderated in the second quarter and external financial headwinds could pose some risk to the region going forward.
Notwithstanding the repercussions from the earthquake in Japan, the leading economic indicators for Asia are generally positive, which translates into robust demand for commercial real estate among investors and tenants.
As expected, Asian economies rebounded strongly in 2010, especially the first half of the year.
The economic impact of the global financial crisis on Asia-Pacific has proven to be shallow compared to other regions of the world.
Asia sustained its upturn in the second quarter due to brisk exports and domestic consumption.
Asia’s economies recovered from the global recession relatively well in the first quarter of 2010, although performance varied among the various sub-regions.
Economies in Asia have emerged in reasonably good shape.
Strong public policies have significantly alleviated the fear of an economic meltdown and somewhat shored up the confidence of investors in Asia.
While the Asian economy is not entirely out of the woods yet, market sentiment became less bearish in the second quarter.
The first quarter was challenging for Asia’s real economy and property markets.
The year ended on a negative note for Asia’s economies and real estate markets.
The year ended on a negative note for Asia’s economies and real estate markets.
At the onset of the subprime mortgage crisis in the spring of 2007, few would have predicted that it would develop into a broader global financial market storm.
2007 was another fruitful year for the Asian economies and real estate markets. Led by the robust growth in China and India, Asia’s economy expanded by about 8.5% in 2007, slightly higher than the preceding year.