🚨 🚨 Asia Property: The total area leased in Asia in the first quarter was 5% higher than the average of the past five years, brokerage Jones Lang LaSalle reports. That stands in sharp contrast to the US, where it was 29% lower, and Europe, which was a third below the five-year average. Brokerage CBRE Group Inc. expects rents in China’s biggest cities to fall as much as 6% this year. In Ho Chi Minh City, they rose 6.6% in the first quarter from a year ago—one of the biggest gains in Asia, according to real estate broker Knight Frank LLP
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