DTZ puts US$50b price on Asia-Pacific property deals

DTZ Debenham Tie Leung research director Joe Valente expects international investors to spend up to US$50 billion in the Asia-Pacific property market this year, an increase of more than 50 per cent on last year. China's share of the investment, which only amounted to 4 per cent last year, 'will go up' at the expense of other countries in the region, he said.