Asian commercial property growth strong - New Star

Asian commercial property markets are outperforming their strong growth rates of the mid 1990's, acc...

Asian commercial property markets are outperforming their strong growth rates of the mid 1990’s, according to Simon Tyrrell, Asia acquisitions manager at New Star. Tyrrell believes strong fundamentals are underpinning Asian economic growth, as populations increase in size, GDP per capita rises, and markets benefit from maturity and increased transparency. The lack of quality office supply is also pushing up demand in many areas, as construction restrictions imposed in the late 1990’s take effect, Tyrrell said. "At New Star, the current focus is on a range of properties in Singapore, A...