Thursday, October 13, 2011

Is Miami Asia's new investment target?

Malaysian firm Genting's purchase of the Miami Herald headquarters this year and large-scale plans for a casino resort could be the first of a wave of Asian investment in Miami, brokers and analysts say -- both in the commercial and residential sectors.

While Latin American, Canadian and European buyers have spearheaded a sales surge in Miami, particularly on the residential side, Asian investment could be on the way.

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