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Strong Investor Demand and Consumer Spending in Southeast Asia Provide Opportunities for Commercial Property Investment

Jul 23, 2013

Jones Lang LaSalle Incorporated (Jones Lang LaSalle) announced that the Company has identified trends and opportunities in the real estate markets across Southeast Asia that will support the establishment of an ASEAN Economic Community (AEC) by 2015. Jones Lang LaSalle forecasts Indonesia’s economy to grow 6.1% in 2013, supported by strong investor demand and consumer spending. The Company also expects the Philippines to grow 5.7% in 2013, driven by investor interest in the country’s upgrades to sovereign credit ratings and low interest. Further, Thailand, Malaysia, and Vietnam are expected to grow in the range of 4.5% to 5.5% driven by strong domestic demand. “This growth translates robust domestic investment into commercial property, driving demand for office and logistics space,” said Chris Fossick, Managing Director for Singapore and Southeast Asia at Jones Lang LaSalle. “As a result, the real estate industry is in a unique position to influence and be involved in many key aspects of development in the Southeast Asia region, both economic and social.” The Full Research Report on Jones Lang LaSalle Incorporated – including full detailed breakdown, analyst ratings and price targets – is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/8cb3_JLL]

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