China and Vietnam property are a safe bet, research
China and Vietnam have the biggest potential for capital growth in residential and commercial property over the next two years, and could pay off for investors seeking to increase their exposure to Asian property funds, according to new research.
The report, conducted by Property Week on behalf of Investec Private Bank, compiled responses from 137 property professionals.
Looking at residential property prospects, Hong Kong, Singapore and Thailand follow China and Vietnam to occupy third, fourth and fifth postiions.
Paul Stevens, director of Investec private bank’s structured property finance team said: “Rental and capital growth in countries such as China and Vietnam has exceeded expectations and yields are either holding firm or compressing. In defiance of the credit crunch affecting much of the Western economy, investment volumes are also holding up well."
He added: “Given funding constraints affecting many UK-based property investors, it’s hardly surprising that only 12% are looking to increase their exposure to the Asian property market at the current time."
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