This is my fifth Christmas of turkey with rice and soy sauce, as I reflect back on another 12 months in the Asia- Pacific real estate market and think forward to 2013.
This is my fourth Christmas in Asia and I am learning that the property markets out here don’t stand still for very long — 2009 was an earth-scorching “bust” when values fell by up to 60%; 2010 enjoyed a rapid recovery when office rents rose by 40% in some markets.
When I moved to Asia in December 2008, the markets were in freefall. The west’s financial typhoon had crossed the Pacific, wrecking Asia’s export market
When I first saw Stanley Kubrick's futuristic film 2001: A Space Odyssey, I was just a lad and couldn't believe that such a distant year would ever arrive.But in just a few weeks, scarily enough, I will be toasting 2001 along with the rest of you.Looking back, I can now…