Asian flows to property may hit $150bn by 2018

Asian institutional investment into global real estate may reach $150 billion in the next five years, as they diversify their portfolios into lower-risk assets, according to new research by CBRE. The ambitious forecast by the property services provider represents a huge jump from the $30 billion the region's institutions have made in direct real estate investments in the past five years, by CBRE's estimates. It will mean a big acceleration from the $5.4 billion invested into prope…