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Jun. 4--The fallout from Sept 11 has subsided and there are signs that commercial property markets in the Asia-Pacific region are getting back to normal, according to international consultant Jones Lang LaSalle.
"While direct impacts may have subsided, the indirect contribution to the global economic slowdown kept most real estate markets subdued over the first quarter of this year," Craig Plumb, the director and head of property intelligence, said in the Asia Pacific Property Digest, a quarterly report.
Given signs of recovery in the US and regional economies, the first quarter was the turning point with indications that some real estate markets would ...
Source: HighBeam Research, Asia-Pacific Office Market Sees More Building Security But Takes...