Our colleagues in Asia have just released their 2012 Property Market Outlook for nine key cities across Asia Pacific which makes for interesting reading.

The report reveals that the outlook for the region’s office and residential markets is less upbeat than for its retail markets.

The tumultuous global economy is expected to dampen confidence and demand in the office and residential sectors while strong domestic and tourist spending is expected to drive retail expansion, particularly amongst international retailers.

To view the full report which estimates performance and key market trends in 2012 for the cities of Beijing, Hong Kong, Jakarta, Kuala Lumpur, Seoul, Shanghai, Singapore, Sydney and Tokyo please click here