New Delhi: Real estate in Asia offers great investment opportunities and has a robust long-term potential, but lack of infrastructure and transparency, especially in India, pose big challenges to global investors, a study says.
With an asset base exposed to the macro-growth story drawing many institutional investors to the region, Asian real estate offers possibilities at every stage, from nascent market to mature developed economy,” says a report in the Asian Venture Capital Journal.
The report carries a global consulting group PE Asia’s survey of real-estate investment trends for the year ahead, focusing on how to tap the growth and avoid pitfalls.
Meanwhile, the sector exhibits Asia’s characteristic vices of volatility, immaturity and market opacity, which could deter the potential investors.
Real-estate services and money management firm, Jones Lang LaSalle‘s CEO for Asia-Pacific region Peter Barge said, rising GDP is driving trade, which in turn is a key driver for infrastructure, logistics, warehousing, and R&D.
“Equivalent trends appear in office assets, and above all residential and retail, playing to the urbanisation and consumer growth stories,” he said.