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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAsia real estate: 'Surprising uptick' in transaction volumes in third quarter, says real estate firmHenry Chin, Asia-Pacific head of research at CBRE, says, however, that the uptick came mostly from mainland China and Japan.
Persons: Henry Chin Locations: Asia, Pacific, China, Japan
Bloomberg | Bloomberg | Getty ImagesForeign investments into Japan's real estate sector have been flourishing in the past year, buoyed by a weak Japanese yen as the country's central bank maintains its ultra-loose monetary policy. "It is a golden period of Japanese real estate," Henry Chin, head of Asia-Pacific research at CBRE, told CNBC. Foreign investors almost doubled their investment from a year ago to $2 billion in the first quarter of the year, the global real estate services company noted. According to latest data provided by CBRE, total foreign investments into Japan's real estate market has risen 45% in the first half of 2023, compared to the same period last year. The solid rebound in Japan's tourism sector following the ease in border restrictions has sparked a rise in hotel occupancies and hospitality investments, Knight Frank said in a recent September note.
Persons: Henry Chin, Chin, Koji Nato, JLL, Knight Frank, CBRE's Chin, Knight Frank's, Christine Li, David Madison Organizations: Bloomberg, Getty, CNBC, Nato LL's, Capital Markets, U.S, APAC Locations: Tokyo, Japan, Asia, Pacific, Osaka, Singapore, U.S, Canada, Magome
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina: Analyst discusses Country Garden's exposure to upper and lower tier citiesHenry Chin, CBRE head of research for Asia-Pacific, discusses Country Garden's exposure and the outlook for China's property sector.
Persons: Henry Chin Organizations: China Locations: Henry, Asia, Pacific
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSingapore and Hong Kong in 'completely different' stages of the property cycle: Real estate companyHenry Chin of CBRE says Singapore residential and commercial real estate rents have risen substantially, but things are "bottoming out" for Hong Kong.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe performance of China's residential market is 'bifurcated,' research firmHenry Chin of CBRE Research says the worst for the country's property sector is over and "sentiment is definitely coming back in 2023," but performance is uneven.
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