ALL >> Business >> View Article
Asia Pacific Favoured By British Overseas Property Investors
According to new research by Aviva Investors, British buyers of overseas property currently favour investments in the Asia Pacific region.
The survey revealed that seventy-four percent of British investors expect to buy real estate overseas within the next three years, with the Asia Pacific region being widely regarded as the best area for potential return on investment.
In total, sixty percent of investors who took part in the survey said they were looking to buy in the Asia Pacific region.
Twenty percent of the participants said they intended to buy in the UK. Just ten percent were looking to buy in continental Europe, with the US was favoured by eleven percent.
Key reasons for British investors being attracted to the Asia Pacific region were, Asia's recovery from the global recession and the growing importance of Asian economies on the world financial stage.
Ian Hally, chief executive for Aviva Investors, commented; "Real estate is a key asset class for long-term investors, but questions have been asked recently about whether there is any value left following this year's rally in the UK."
"Asian ...
... economies look to be much better placed for recovery than their western counterparts, making real estate investments in the region particularly compelling, which has been less reliant on debt over the past decade at a government, corporate and personal level. This should lead to stronger investor and occupier demand," he added.
Frank Khoo, global head of Asia investment company AXA REIM, said; "There is no doubt that investors are now recognising that the pace of growth in the Asian property market is likely to outpace that of both the US and Europe. As such, they are increasingly prepared to consider exposure to the region when building up a balanced global strategy."
According to Singapore based property brokerage Ocean Villas Group (http://www.oceanvillasgroup.com), during the first three quarters of 2010 direct real estate investments in Asia totalled US$46 billion; double the amount for the same period last year.
Author:
Rebecca Smith
http://www.oceanvillasgroup.com
http://blog.oceanvillasgroup.com
Rebecca is the sales director of Ocean Villas Group (http://www.oceanvillasgroup.com).
Ocean Villas Group are specialists in lifestyle and investment property worldwide and are committed to supporting investors in both the emerging and established property markets across the globe.
Visit our blog site here
Add Comment
Business Articles
1. How To Use Chatgpt Prompts To Make Cover Letters AttractiveAuthor: Paul Henry
2. Astrologer Sagar: Comprehensive Astrology Services In Auckland, New Zealand
Author: Sri Sagar
3. Mice Removal Toronto
Author: Roky Mahmud
4. Gain The Competitive Edge With The Best Resume Writing Service In Canada: Paradigm Resume
Author: divyam Kumar
5. Use Loans Profit To Get Instantaneous Uk Short Term Loans With No Costs
Author: James Robinson
6. Get Quick Money In A Congenial Way With Short Term Loans Uk Direct Lender
Author: Helen Clark
7. Quick And Easy Way To Get Hassle-free Cash With Short Term Loans Uk Direct Lender
Author: Sarah Ferguson
8. What Advantages Come With Getting A Same Day Payday Loans?
Author: Lucy Lloyd
9. Crane Service Providers: Elevating The Standards Of Modern Construction And Industry
Author: rmnerectors1
10. Are Smart Id Cards More Secure Than Traditional Ids?
Author: Jagadeesan
11. When Should You Replace Your Esd Table?
Author: Jagadeesan
12. Mastering Credit Repair: A Swift Guide By Credit Delete Geeks
Author: Jennie Smith
13. Doctor Software | Hospital Management Software | Emr Software
Author: deepanjali Saurabh
14. Unlocking Entrepreneurial Success: Exploring Innovative Online Business Ideas
Author: Selvakumaran Krishnan
15. App Developers Brisbane
Author: ethanmitchell