You are here

Asia-Pacific hotel investments may ease to US$8.5b in 2016

Deals in Singapore to be "few and far between", says report by JLL Group

BT_20160211_NRJL11_2110260.jpg
Notable sales last year included that of the Westin Sydney (above) for A$445 million. Sydney and Melbourne were singled out in particular as competitive markets, given that available stock is expected to be limited going forward.

Singapore

THE Asia-Pacific is expected to see US$8.5 billion in hotel investments this year, while markets such as Singapore and Hong Kong will be less active owing to the shortage of available assets.

The figure marks a decrease from the US$9.2 billion in transactions racked up

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom