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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.

Author: Yu Wong
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
Real property

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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.

Author: Yu Wong
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
United States, Capital expenditures, Investments, Real estate industry, Regus Business Centre PLC

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Subjects list: Real estate, Asia
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