Singapore capital dominates Asian outbound real estate investment in 2021
Singaporean investors splash out US$32b overseas - up 164% year on year - across 6 transactions, largely in the US and in logistics assets
Singapore
CAPITAL from Singapore accounted for the majority of Asia's US$54.6 billion in outbound commercial real estate investment in 2021, a CBRE report says.
Outbound flows from Asia rebounded from 2020, surging 69 per cent year on year to that amount, exceeding pre-pandemic volumes.
TRENDING NOW
Wealth of Singapore’s 50 richest diverges as OCBC, Sheng Siong boom offsets tech slide
Massive tax bill clouds sale of Singapore land by Malaysian king’s son
Canada’s fight with the US has far bigger stakes than trade
What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief