全球房地产投资市场的交易活动在2012年第二季度呈现增长态势，其中，中国商业房地产直接投资额出现反弹，较上季度大幅上涨55%。

Global real estate investment market trading activities in the second quarter of 2012 present growth situation，the，China's commercial real estate direct investment rebounded，Compared to the previous quarter rose sharply 55%。

　　仲量联行从全球60多个国家统计的数据表明，全球交易额达到1080亿美元，较第一季度的870亿美元增长了24%，从而扭转了今年第一季度略有下降的趋势。

Jones lang lasalle from the global more than 60 national statistical data show that，Global turnover reached $108 billion，The first quarter of a $87 billion increased by 24%，So as to turn the slightly in the first quarter of this year the trend of decline。

　　与第一季度相比，亚太、欧洲、中东、非洲及美洲地区的交易活动在第二季度都有所增长。其中，美洲地区第二季度交易额的环比增幅最为显著，增长了33%，达到470亿美元；亚太区的环比增幅也高达19%，达到260亿美元；欧洲的环比增幅为17%，达到350亿美元。

Compared with the first quarter，asia-pacific、The European、Middle East、Africa and America in the second quarter of the trading activities are increased。the，In America the second quarter of the total link increased most significantly，Increased by 33%，Us $47 billion；Regional chain growth also is as high as 19%，Us $26 billion；European link growth was 17%，Us $35 billion。

　　仲量联行国际资本集团总监ArthurdeHaast表示：“房地产投资市场在继续恢复活力。随着主权财富基金、养老基金和私人财富持续寻求投资种类的多元化，全球范围内对产生最佳现金流的房地产资产需求强劲。尽管欧洲经济形势不乐观，但由于房地产市场透明度的提高和政府债券收益的下降，投资者对房地产的需求持续保持强劲。”

Jones lang lasalle international capital group director ArthurdeHaast said：“Real estate investment market continues to return to life。Along with the sovereign wealth fund、Pension funds and private wealth continue to seek investment types of diversification，The global scope to produce the best cash flow of real estate assets of strong demand。Even though the economic situation is not optimistic，But as a result of the real estate market to improve transparency and the government bond yields down，The demand for real estate investors continue to remain strong。”

　　亚太一枝独秀

Asia-pacific outshine others

　　仲量联行的统计显示，亚太地区是今年全球唯一实现交易额同比增长的地区。由于中国大陆、澳大利亚、中国香港和新加坡的交易活动都在增加，今年第二季度亚太地区交易额达到260亿美元，高于去年同期的200亿美元。

Jones lang lasalle's statistics show，The asia-pacific region is the only global realize this year turnover year-on-year growth areas。Because of China's mainland、Australia、Hong Kong, China and Singapore trading activities are on the increase，The second quarter of this year in the asia-pacific region turnover reached $26 billion，Higher than the same period last year of 20 billion dollars。

　　仲量联行中国投资部总监翰德伟表示：“正如之前所预期的，2012年第二季度中国商业房地产直接投资额出现反弹，较上季度大幅上涨55%。由于此前货币政策松动的效应开始显现，商业房地产投资市场出现了回暖迹象。第一季度，高达60%的商业房地产购买来自于业主自用，然而在第二季度，这一比例降为19%。由于世界整体经济环境带来的不确定性，市场仍将会出现波动，但随着中国经济将在下半年出现回暖的预期，国内市场环境将转向对房地产投资更为有利的局面。”

Jones lang lasalle China investment department director John DE wei said：“As expected，The second quarter of 2012, China's commercial real estate direct investment rebounded，Compared to the previous quarter rose sharply 55%。Due to the effect of loose monetary policy had started to come，Commercial real estate investment market appeared signs of warmer。The first quarter，Up to 60% of the commercial real estate purchase from owner-occupation，However, in the second quarter，This proportion reduced to 19%。As the world overall economic environment from the uncertainty，The market is still will appear fluctuation，But along with the Chinese economy will appear in the second half performance expectations，The domestic market environment will turn to real estate investment is more favorable to the situation。”

　　伦敦全球最热

London is the hottest global

　　2012年第二季度，各大城市中伦敦市

The second quarter of 2012，Every big city in the city of London

　　场的交易最为活跃，交易总额

Field most actively traded，Total transaction amount

　　高居榜首，达到87亿美元，这几乎是巴黎和纽约的两倍，二者的交易额分别为47亿美元和43亿美元。

Ranked highest，Us $8.7 billion，It is almost twice the Paris and New York，The turnover $4.7 billion and $4.3 billion, respectively。

　　仲量联行亚太区国际资本集团总监AlastairMeadows表示：“伦敦是全球投资的热点地区，颇受全球投资者的青睐。物业地块大小适宜，这也有助于吸引大笔投资。在伦敦，投资者还可以分享到完善的教育体制、格林尼治标准时区、良好的交通网络和稳定的政府等诸多益处。如果市场在今年下半年出现上扬，将会看到人们对伦敦之外房地产兴趣的增加。”

Jones lang lasalle Asia Pacific international capital group director AlastairMeadows said：“London is a global investment hot spots，Beloved by global investors favor。Property block size appropriate，It also helps to attract a large investment。In London，Investors can also share the perfect education system、Greenwich mean time、Good traffic network and stable government, and many other benefits。If the market rising in the second half of this year，Will see people outside of London increased interest in real estate。”

　　此外，欧洲继续吸引着地区间投资的最大份额，美国买家排在首位。英法两国的跨境交易占两国交易总量的75%，俄罗斯和德国的这一比例分别为70%和50%。三笔最大的跨境交易都发生在伦敦。

In addition，Europe continue to attract the lion's share of investment on interval，American buyers row in the first place。England and France's cross-border trading accounts for 75% of the total trade between the two countries，Russia and Germany the proportion were 70% and 50% respectively。Three largest cross-border transactions are happened in London。

　　在买家中，尽管全球基金是仅次于美国资本的第二大活跃买家，但其投资活动与2011年同期相比骤减了50%。过去两年，在投资领域保持活跃的基金正在进行调整，以企寻找其他机会。

In the buyer，Although the global fund is second only to the United States capital's second largest active buyers，But the investment activity compared with the same period in 2011 fell sharply by 50%。In the past two years，In the investment field keep active funds are adjusted，Looking for other opportunities to enterprises。

　　零售稳步增长

Retail steady growth

　　数据显示，2012年第二季度，全球零售地产投资额较第一季度增长了66%，达到310亿美元。尽管这一数字仍低于办公楼市场600亿美元的投资额，但也体现出市场对优质零售物业的需求。然而，由于实际达成的交易量不足，2012年上半年欧洲的零售地产投资额跌至124亿美元，远低于2011年全年创纪录的545亿美元。

Data display，The second quarter of 2012，Global retail real estate investment is the first quarter increased by 66%，Us $31 billion。Though that number is still less than building market $60 billion investment，But it also reflects the market for high quality retail property needs。however，Due to a lack of actual trading volume，In the first half of 2012 European retail real estate investment fell to $12.4 billion，Far below in the whole year of 2011 a record $54.5 billion。

　　预计下半年酒店领域的投资活动将进入旺季，全球交易将会增加。随着企业把关注重点放在主营业务上，希望剥离非核心的房地产资产。同时，数据中心等小众需求的资产将会吸引更多的关注。

The second half of the hotel is expected to field of investment activities will enter the peak season，Global trade will increase。Along with the enterprise put attention on the main business，Hope to divest non-core of real estate assets。At the same time，Data center, and other small all the needs of assets will attract more attention。

　　下半年投资增加

The second half of an increase in investment

　　仲量联行全球资本市场研究部总监DavidGreen-Morgan表示：“由于其他类别的资产收益率较低，投资者将继续转向实物资产。因此，预计下半年房地产直接投资活动会增加。已经注意到来自加拿大、美国和中东的投资活动在增多。同时我们还预计，来自中国、印尼、泰国等亚洲国家的投资活动也会增加。”

Jones lang lasalle global capital market research department director DavidGreen - Morgan said：“Because of other categories of return on assets is relatively low，Investors will continue to turn physical assets。therefore，The second half of real estate is expected to direct investment activities will increase。Attention has been paid to come from Canada、The United States and the Middle East investment activities are increasing。At the same time we also expected，From China、Indonesia、Thailand Asian countries, such as investment activity will also increase。”

　　尽管全球上半年交易量略低于2011年同期水平，但是投资者活动或资本增幅并没有大幅下滑。另一方面，交易完成所需时间变长，而且债务融资仍旧是个难题。

Although the global trading slightly lower than in the first half of the same period of 2011 level，But investors activity or capital growth and not a sharp decline。On the other hand，Complete the transaction time become long，And debt financing is still a puzzle。

　　基于上述状况，仲量联行预计2012年全年交易量大体与2011年持平，保持在4000亿美元的水平。2012年上半年欧洲的投资额环比下降9%，这与其作出的2012年全年环比减少10%的预测相一致（2011年投资额为1197亿欧元）。尽管仲量联行对欧洲市场全年表现的预测维持用欧元计价，但由于欧元兑美元汇率的下挫，全球对欧洲作出的预测将偏于负面。

Based on the above condition，Jones lang lasalle is expected to 2012 annual trade volume gross and the same as in 2011，Keep of the $400 billion level。In the first half of 2012 the European investment chain fell by 9%，This and make all of 2012, link to reduce the 10% prediction is consistent（2011 investment for 119.7 billion euros）。Do guanzhong quantity correspondent to the European market annual performance prediction maintain in euros valuation，But because of the euro against the dollar down，Global made the forecast to Europe will be negative。

　　如果核心地段的房地产价格继续上扬，次级区位的众多商机将会吸引更多投资者的关注，从而进一步推动传统上更为活跃的下半年投资活动。

If the core section of real estate prices continue to rise，Secondary location of numerous business opportunities will attract more investors' attention，Thus further promote traditionally more active in the second half of the investment activities。

　　（编辑:商报网 www.shangbao.net.cn）

（Editor: business network www.shangbao.net.cn）