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Knowledge Center Archives
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Property Tax Bulletin: Property Tax Vacancy Rebate Program - Ontario
Do you qualify for the property tax rebate program? Cushman & Wakefield Property Tax Services Paralegal PC has significant success and experience representing
its clients through the Property Tax Rebate Application process.
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Survival To Supremacy Indian Hospitality Story 2012 & Beyond
The Hospitality Sector is growing at a steady pace, with newer segments such as MICE, wellness & medical tourism and pilgrimage witnessing a steady growth.
In order to cater to the growing demand for hospitality, 50,000 new hotel rooms are expected as fresh supply in the next 4-5 years in top six cities of India. With many international brands entering India, the quality of hotel services is also expected to improve.
The report evaluates the performance of the hospitality sector in India and takes a look at the performance of hotels in NCR, Mumbai, Bangalore, Chennai, Hyderabad and Pune.
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Asia Pacific Marketbriefs
The growth momentum in Asia Pacific slowed in the third quarter as a result of continued uncertainty. Several countries lowered their GDP growth forecasts and most central banks in the region have in place tightening cycles on hold. Nevertheless, office fundamentals remained strong except for supply heavy markets. We expect a continued slowdown as we enter 2012 but the Asia Pacific region is well positioned to weather a challenging global economy.
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AsiaPacificOfficeForecast2012-2013
We are pleased to present our inaugural edition of the Asia Pacific Office Forecasts. The report provides an in-depth outlook for the region whose fundamentals and potential are by far the strongest in the current global economic climate. While a downshift in exports to the West would still be felt, particularly for open small economies, the region as a whole has evolved to be more resilient. The regional office property market should similarly reflect this. The combination of growing economic clout, still-sturdy property market fundamentals and the abundance of capital will continue to position the Asia Pacific favorably in this period of economic uncertainty and thus remain a magnet of investor interest.
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Marketbriefs Asia Pacific
First quarter data confirmed that the regional slowdown we have been expecting is under way. However, some economies have showed considerable resilience and steady growth. Markets such as China and India continued to see buoyant performances amid a strong stream of supply. Inflationary pressures also retreated across the region, despite remaining high in some parts like Vietnam. C&W expects economic growth to moderate in the second half of 2012 with leasing activity still healthy while rents will be softening in places with abundant new supply such as Ho Chi Minh City and Kuala Lumpur.
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Asia Report Hotel Views 2012
The Asia Pacific region seems to be weathering the global economic uncertainties - signs of confidence are returning in certain markets and an underlying mood of cautious optimism is taking hold across the region. Domestic consumption is strengthening intra-regional linkages, and as such, the region’s vulnerability to a global slowdown has been reduced significantly, except for Hong Kong, Singapore and Vietnam – all economies that are largely tied to US and Europe exports.
So far in 2011, hotel performances in the region have been varied. Some markets perform at par with the previous year, whilst others are showing encouraging signs of improved performances, in either occupancy rates and/or the average daily rates (ADRs).
We anticipate that this will continue through the rest of the year and into 2012, with the latter half of 2012 showing continued recovery with both occupancy and ADR posting further improvement.
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Asia Pacific Marketbriefs
Cushman & Wakefield Research is delighted to present Asia Pacific Marketbriefs – a synopsis of current and future office market conditions in key cities in Asia Pacific. It discusses and compares movements in rents, vacancies and absorption across cities, as well as our 12-month outlook.
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ASIA PACIFIC PROPERTY INVESTMENT REPORT 2011
Asia Pacific investment activity in 1Q 2011 was moderate following a major investment improvement at the end of 2010. However, the investor sentiment, underpinned by easy liquidity, low employment rates and increased trade volumes, continues to be buoyant.
The resilience of the region highlights the strength of Asia’s property market, with commercial, retail and hospitality assets expected to receive increased investor interest.
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ASIA PACIFIC MARKETBRIEFS
Cushman & Wakefield Research is delighted to present Asia Pacific Marketbriefs – a synopsis of current and future office market conditions in key cities in Asia Pacific. It discusses and compares movements in rents, vacancies and absorption across cities, as well as our 12-month outlook.
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2011 – COMMERCIAL REAL ESTATE ON THE FAST TRACK
In the context of faltering global economic recovery, 2011 is destined to be a year as challenging as 2010. In the launching year of China’s new Five Year Plan, high inflation, fuelled by increased investment, appears to unavoidable. ‘Back to basics’ is the newly promoted slogan by the government, which vividly reflect its determination to root out the possibility of asset bubbles.
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