Asia Pacific Retail Report 1Q11
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Against strong economic backdrop, retail rents in most Asia Pacific cities continued to rise in 1Q 2011, while investment activity remained active. Transactions of retail assets reached US$4.6 billion, well above the same period since 2007. In 1Q 2011, we saw expansion as a priority among retailers and several newcomers entering the retail scene in the region. Along with growing affluence in Asia, the retail sector is poised for sustained growth.
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