Singapore leads in Asian outbound real estate investment for 2019
Singapore
AT US$15 BILLION, Singapore accounted for the highest outbound investment in real estate among Asian investors for the second year running in 2019, although investment volume was down by a third year-on-year owing to a lack of large portfolio transactions, a CBRE report said.
Asian outbound commercial real estate investment dropped 17 per cent year-on-year to US$45 billion last year, as Chinese investors continued to temper the pace of investments abroad in the face of capital controls.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Australia’s housing rent hits record high in headache for RBA
Airbnb promises to combat sex work in rentals during Paris Olympics
Hong Kong property deals hit three-year high in April
More homes planned in Media Circle to support housing demand
Qatari Sheikh sells London mansion to fellow royal for £39 million
Toronto home sales fall for third month in April; prices rise