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Global economic conditions have turned generally more positive in the early months of 2013 with Asia Pacific and the United States leading the way. In Asia, stronger intra-regional links continue to support the region’s economies to withhold external weakness and bolster the economic outlook during a time when growth in other regions remains anaemic and downside risks in Europe have not been completely resolved. Improving economic conditions continue to boost investment activity across Asian real estate markets. Prime assets have seen yields compress over the past year and this trend is likely to continue in selected markets over the course of 2013.
Source : M&G Real Estate