LaSalle Investment Management's third Japan Logistics Fund closes as demand for logistics properties are up, the yen is down and exports are expected to rise.
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Jones Lang LaSalle is among those setting up teams in Asia to service wealthy individuals in response to rising interest in real estate.
A total of $57 billion has been pumped into regional real estate this year, mostly by domestic investors. Jones Lang LaSalle sees a correction as inevitable.
The crisis slows down the progress of property transparency, but some Asian countries -- particularly China and India -- are still making advances on this front, according to Jones Lang LaSalle.