Geopolitical tensions could drive real estate flows to Asia: RCA
Region has its own fundamental growth drivers such as urbanisation, population growth and strengthening economies
Singapore
UNCERTAINTY in Europe and the US could divert capital allocations for real estate into Asia, Robert White, founder and president of Real Capital Analytics (RCA) believes.
In an interview with The Business Times on Tuesday, he said that institutional property investors are re-assessing the markets and countries that they are in.
In 2016, the biggest declines in transactions have been seen in the traditional recipient markets such as the United Kingdom, Germany, France, Japan, Australia, and even the US to a lesser degree. The biggest gainers were second-tier markets such as The Netherlands, South Korea and Spain.
He noted that Singapore has also seen a jump in transactions. Singapore was the sixth most active market in the Asia-Pacific region in 2016, with clo…
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