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China,India and Vietnam ranked as top property growth markets

Business Materials 6 March 2008 07:20 (UTC +04:00)

China, India and Vietnam are ranked as the top three hot property growth markets in the Asia-Pacific region for the next five years, a survey said on Thursday. ( dpa )

Senior property, finance and business experts are confident that the region's real estate investment trust (REIT) market will remain strong, said the Asia-Pacific REIT Survey undertaken for financial services provider Trust Company and law firm Allens Arthur Robinson.

Retail, commercial and industrial property will be the main focus for market growth, said the findings, although these markets have cooled in the last 12 months.

The hotel and hospital sectors are expected to heat up. Industrial and infrastructure property is forecast to experience slight growth.

Residential property will remain in the cold, the survey said.

Low yields, poor regulatory processes, the effects of financial engineering and adverse taxation developments are the greatest threats to REITs, the findings said. The experts said most of these threats will diminish in the longer term.

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