
Chairman, Professional Property Services Limited
Member of the Real Estate Council
Nicholas Brooke is Chairman of Professional Property Services Limited in Hong Kong. Professional Property Services is a real estate consultancy providing to clients a selected range of advisory services across the Asia Pacific Region. Mr. Brooke has over 45 years of experience within the property industry, of which the last 30 years has been in the Asia Pacific region. He is a recognized market commentator, particularly in respect of the property markets of Hong Kong, Mainland China and Vietnam, and an authority on land administration, land use planning and housing policy matters. In Mainland China, he has provided input to the Central Authorities and to a number of Provincial and City Governments on matters relating to land and property taxation, housing policy, sustainable development and the integration of public transport provision with property development. He became the Chairman of the Hong Kong Science and Technology Parks Corporation on 1st July 2007. Currently, he serves as the Non-Executive Chairman of Vinaland and was appointed as an INED to the Board of Top Spring International Limited, a leading developer of urban communities in Mainland China and one of the few Mainland developers that successfully listed on the Hong Kong Exchange in 2011. (This is me - Update Profile)
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Vietnam - A Real Estate Market in the Making
January 28, 2008
HCMC property bubble keeps getting bigger | www.thanhniennews.com
Vietnam’s economy has shown one of the strongest growth rates in Asia over the past two years (8.2% in 2006 and 8.5% in 2007) and this level of growth is anticipated to continue into 2008. Strong economic growth together with low labour costs and a young and highly motivated workforce had attracted significant overseas interest and increased investment in both the industrial and real estate sectors. Foreign direct investment in approved projects in 2007 amounted to some US$15-17 billion, a significant increase from the US$10.2 billion secured in 2006. Membership of the WTO, which was achieved in January of 2007, has encouraged further large scale investment interest, particularly as privatisation of State Owned Enterprises is expected to be completed by 2010. This should encourage joint ventures and foreign investment in previously non-accessible sectors.
Asia Pacific - A real estate sector in major transition
October 17, 2007
Asian Real Estate Investment Trust | www.moneyhq.com.au
I am sure you do not need me to tell you of the growing significance of the commercial real estate industry in the Asia Pacific region, both from a development and investment perspective, and the part that both local and international designers and advisers are playing in bringing a greater level of order, professionalism and sophistication to the market place. I could spend the time writing about the weight of capital chasing real estate, the deals that have been done, supply/demand statistics and the health of the various markets. However, I thought I would take the opportunity just to share one or two thoughts with you about some of the pluses and minuses as I see them going forward.
September 24, 2007
PRC PROPERTY MARKET OVERVIEW | www.cbre.com.hk
What is not necessarily appreciated by those both within the property sector and without is that we are in effect an industry in transition and that recognising and responding to the challenges and opportunities that this presents will differentiate the future market leaders from the rest of the pack.
Asian Real Estate in Transition – Anticipating and Responding to the Outcome
September 10, 2007
Asia Pacific Investment Market Review | asia.cbre.com.hk
What we are seeing is neither a boom nor a bubble – but rather a series of markets in transition. These are all being impacted by and responding, to a greater or lesser extent, to the same influences, be it weight of capital, repositioning of property as an asset class, the introduction of new real estate investment structures, rising community aspirations or the ever increasing attention being paid to Asia by financial institutions, multi-national corporations and investors in general. Whether it be boom, bubble or indeed bust will depend on the extent to which markets recognise and react to these influences and the level to which and the pace at which the markets can accommodate the changes they bring.
WHAT PREMIUM THE HONG KONG PROPERTY MARKET?
September 7, 2007
The Hong Kong Property Market 2006 Review & 2007 Forecast | www.cbre.com.hk
Given that the Hong Kong property market, in particular the residential sector, is regarded as one of the key measures, if not the barometer of the economic health of the city region, it is not surprising that “what state the market” inevitably surfaces, be it during a chat over a coffee in Starbucks, a discussion over dinner amongst friends or a debate around a boardroom table on a new strategic initiative here in Hong Kong.
| Study Group Name | No. Members |
|---|---|
| Real Estate Experts (Asia) | 3059 |
| Real Estate Experts (Hong Kong) | 126 |
| Commercial Real Estate Experts (Hong Kong) | 73 |
| Vietnam Property Market Experts | 63 |
| Commerical Real Estate Services Experts (Hong Kong) | 33 |
August 2, 2011 | Hong Kong
Seminar: Hong Kong Property Market – Calming or Correction? (Hong Kong)April 22, 2010 | Hong Kong
Seminar: China's Residential Property Market - Bubbling Up? (Hong Kong)February 26, 2010 | New York
Seminar: China Property Market Bubbling Up (New York)May 22, 2009 | Hong Kong
GLG Seminar: (Hong Kong) Chinese Real Estate - Which Way is the Market Heading?November 24, 2008 | Singapore
GLG Seminar: (Singapore) Hong Kong and China Property Market