Asia-Pacific favored for investment

Asia-Pacific favored for investment

SINGAPORE: Asia Pacific has emerged as a favorable region for property investment, a research program aimed at forecasting "winning" locations said on Thursday.

Spearheaded by Jones Lang Lasalle (JLL) and an investment management arm, the research is aimed at defining the "essence of competitiveness in cities of the future."

Asia-Pacific governments and investors are "acutely sensitive to any sign of rising or falling geo-political or economic importance in the various rankings of national competitiveness," said JLL.

International firms are also focusing more on opportunities in Asian countries as production bases and potential markets. -- DPA