Thursday, February 14, 2008

Optimistic Outlook for India's Corporate Real Estate Sector

As part of the run-up to its Asia Summit in Mumbai next month, CoreNet Global, in conjunction with Colliers International and Jones Lang LaSalle, today issued an update on current market conditions and the outlook for the region's corporate real estate industry. According to the group's combined research, regional growth is likely to remain strong in 2008 with the Asia-Pacific expected to enjoy sound property market fundamentals. To date, issues associated with the US sub-prime mortgage sector have had little impact on the region. As a result, most markets continue to be attractive to investors and sentiments remain positive.

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