Property firms sharpen focus on rich Asians

Property groups such as Jones Lang LaSalle are putting more focus on sourcing investment opportunities for Asia's rich, as these clients show increased interest in real estate globally. In December, the US firm set up its first dedicated private-client desk in Singapore, and it aims to replicate the model in Europe in the next 12 months. And sources say other real estate companies are making similar moves. “We have decided to put more structure around and emphasis on high-net-wo…