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Singapore is 2nd biggest Asian source of outbound capital for real estate
S'pore investors became more active in Asia, especially China, in H1. But y-o-y, capital outflow dipped 37%
Published Thu, Aug 29, 2019 · 09:50 PM
Singapore
INVESTORS from Singapore spent US$5.7 billion on offshore commercial real-estate investments in the first half this year, emerging as the second-largest source of Asian outbound capital.
South Korea-based investors pipped them to the top spot, chalking up US$6.8 billion in overseas transactions in that time frame, says a report by real-estate agency CBRE.
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