Sigrid Zialcita, Managing Director Reserarch, Asia explains how the Asia Pacific is expected to outpace the world economy once again in 2011. Domestic demand will remain strong, with sustained improvements in hiring and incomes. China and India will be the region’s star performers. Hong Kong and Singapore will remain the tightest office markets, while pockets of temporary weakness may appear in Shanghai and Mumbai due to the influx of new supply. Better office fundamentals will continue to spur investment activity particularly in the region’s financial centers – Hong Kong, Singapore, Shanghai, Tokyo and Sydney.
Learn more: Download the Asia Economic Pulse report for February 2011