Asia

Franklin Templeton raises $383 mln for Asian property fund Reuters 18.03.2009	Asian buyers see bargains in Australia’s commercial sector The Malaysian Insider 11.03.2009
U.S fund manager Franklin Resources (BEN.N) said on Tuesday it had raised a $383 million Asian real estate private equity fund to invest in cheap and distressed assets in the region.	Australia’s commercial real estate sector has re-emerged as a key investment target for Asian buyers, says property consultant CB Richard Ellis.
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Update KLCC condominium prices may fall 30% Chong Jin Hun The Edge 04.03.2009	Singapore hosts real estate exhibition Cityscape Asia Off Plan Property Exchange 28.02.2009
KUALA LUMPUR: Prices of condominiums in the luxury Kuala Lumpur City Centre (KLCC) enclave could fall as much as 30% as waning demand erodes sellers' bargaining power to dictate prices, according to real estate consultancy Rahim & Co Chartered Surveyors Sdn Bhd.	More details have been released of one of the biggest real estate shows in Asia, with organisers of the event expecting 8,000 property professionals.
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70% decline in Asian real estate transactions in Q4 2008 Khalil Adis Asia Property Report 28.02.2009	Renovated Club Med Bali targets young CHADAMAS CHINMANEEVONG Bangkok Post 08.01.2009
Gateway cities experienced the greatest drop in real estate transactional activity in the fourth quarter of 2008 with Singapore experiencing a decline of 96 percent compared to the same period in 2007, DTZ latest report shows.	Club Med Bali Resort aims to attract young clients after completing a facelift worth 270 million baht last month.
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World's Best Places To Invest In Real Estate Matt Woolsey Forbes.com 20.07.2008	Hong Kong flat — most expensive in Asia Daily Times 20.06.2008
With each passing day of bad market news, it's easy to see why there's so much skepticism about real estate investing. Despite banks' shareholders and equity investors tending to want less real estate in their portfolios, however, there are myriad growth opportunities in properties ranging from from apartments in Sydney to office buildings in Shanghai. And some investors are shopping aggressively.	A luxury flat in Hong Kong has sold for $28.8 million, the most expensive apartment per square foot ever sold in Asia, a report said on Wednesday.
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