Asia's unease over foreigners slows property recovery: land ownership abroad is complicated by emotional, social, political and psychological issues
Article Abstract:
The reluctance of the Asian property market to allow foreign investments may be crumbling due to the need of many property developers for hard cash. Many economic analysts believe that foreign investments may pave the way for the recovery of the Asian property market, but Asian economic observers rue the fact that the foreign investments are coming at a time when Asia's property prices are fetching at fire-sale prices. Many foreign companies and investors are cashing in on Asia's property market, hoping that the region's recovery could brings substantial returns on their investments.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Regus seizes opportunity in Asia's economic turmoil
Article Abstract:
Regus Business Centers PLC is aggressively entering the Asian market , where the lingering economic crisis has caused a drop in property rents and prices. Regus founder and executive chairman Mark Dixon believes that the economic situation in Asia provides the right atmosphere for expansion. Regus was founded in 1989 amidst UK's economic downturn.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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