Singapore leads in Asian outbound real estate investment for 2019
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Nisha Ramchandani
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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.
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