Asian property market growth set to outpace US, Europe

Asia’s demographics and job creation will be driving factors in the region’s property growth over the coming decade, according to Chiang Ling Ng, chief investment officer for Asia-Pacific at Hines, one of the world's largest privately held real estate investors and managers. The pace of that growth is likely to be such that Asia will grow from being home to the smallest global share of investment property, at 30% in 2022, to the highest share, at an estimated 36% by 2032, accor…