As the dawn of a new year is about to break, all eyes are on the US Federal Reserve and its willingness to bring to an end, or at least scale down, quantitative easing. Perhaps even more than almost any other policy event from within Asia Pacific it is the potential for rising interest rates in the U.S. – and the scale and pace of those rises – which is closely watched by occupiers and investors alike in all markets across this region. Speculation on rate rises earlier this year has already injected some volatility into capital markets of certain emerging Asian countries. Most economies of Asia Pacific have staged rapid and quite powerful rebounds from the global economic crisis and our editions of the past few years have also demonstrated how occupier and investor markets for real estate here have also recovered quite well compared with markets elsewhere.
Source : CBRE Global Investors