Singapore commercial property investment deals dive, but should pick up next year: Savills IM
Figure was US$2.7b in first nine months against US$8b for same period in 2019, but Singapore remains attractive to investors, says real estate fund manager
Singapore
SINGAPORE'S commercial property investment volumes have plunged as expected this year, with US$2.7 billion achieved in the first nine months, against US$8 billion for the same period in 2019.
The volume for full year 2019 was US$10 billion, according to Savills Investment Management (Savills IM).
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
After S$160 million makeover, SingLand eyes better take-up, higher rents at Singapore Land Tower
US renters seeing chance of owning a home at record low: NY Fed survey
Shenzhen eases home buying to revive sales in China tech hub
Far East Orchard looks to sell Rendezvous Hotel Perth Central for A$18.5 million
Lendlease Global Reit’s committed portfolio occupancy rises to 88.8% in Q3
No bids for Pine Grove’s mega en bloc sale at S$1.95 billion price