Although 2009 will continue to be a tough year for the real estate investment market across Asia, now is the time for investors to take advantage of the weakness in the market. This is the main message from real estate firm Colliers International following the release of its Asia-Pacific first-quarter market bulletin.
In the first three months of the year, the region's property investment market continued to shrink, with the total value of investment transactions down more than 50% quarter-on-quarter. South Asia was hurt more than China, and industrial property was the most affected sector.
The buyers were either private investors with cash on hand or owner-occupiers -- both of whom are mainly interested in...
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