2008-05-17 14:06:32 - The most popular targets for real estate investments now are countries in the new economic region stretching from China across India and the Middle East to Africa (CHIMEA), said a report.

The top 50 emerging markets represented in A T Kearney's recent Real Estate Opportunity Index spent a combined total of $1.7 trillion on construction in 2007, with a five-year CAGR (compound annual growth rate) of up to 6 per cent.

The US credit crunch and financial meltdown are pushing a growing number of real estate investors to look outside the United

States and Europe for opportunities, it said.

Robert Zielger, vice president, A T Kearney added that international property developers are finding these large and rapidly growing markets too attractive to ignore.'Developers grow within their local geography until they run out of opportunity or need to diversify their risk profile. For a sustainable business strategy, companies have to expand internationally during the good times to be prepared for the bad.'

Focusing on a short list of emerging markets globally, the index weighs real estate development potential based on construction spending and growth as well as a combination of country risk and ease of doing business.

The global real estate industry as a whole is not in the same desperate situation as the US, and is keeping the industry afloat. China and India are growing at such a rapid rate, that they dominated the index by a vast margin with Thailand in third place.
For Latest Real Estate News: www.maaproperties.com/Pages/ModuleContent.aspx?Module=News

At Maa Properties, we have in-depth knowledge of property markets, extensive experience, specialized skills and resources necessary to provide an entire range of reliable and responsive property management services. No matter how far away you are currently located, our online services enable you to take charge of things and efficiently handle all property-related transactions back home.

We would like to take the opportunity to welcome all the community members living world wide to our real estate portal.(NRI)

For More Information about Real Estate Hyderabad, India visit: www.maaproperties.com/