Best Asian Cities For Real Estate Investments In 2017
Commercial property is key. The survey, compiled by the Urban Land Institute with input from PricewaterhouseCoopers LLP, cited a boom in business process outsourcing, or BPO, and IT firms that are driving demand for new office space.
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Still, it's not all good news for India. The survey highlights that Asian investors are looking to diversify their property exposure outside of the region, especially into New York and London, driven by demand from China. Chinese buyers have been piling into bargain London property in the wake of Brexit, and scouring the globe for any available real-estate investment opportunity.
