Financial Times FT.com

Cross-border capital fuels fire in real estate

By Tom Mitchell in Hong Kong

Published: September 27 2006 19:57 | Last updated: September 27 2006 19:57

Cross-border capital flows and high domestic savings rates will continue to fuel surging real estate markets across the Asia-Pacific region, according to industry professionals attending the Asian off-shoot of the world’s largest real estate trade fair.

“There’s no shortage of capital looking to find a home in Asia,” Kevin Swaddle, Asia director for IPD Investment Property Databank, said at a seminar organised by Mipim Asia, which is meeting this week in Hong Kong.

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