Reits accounted for more than half of Q3 buying activity
Property firms, net sellers in Q3 at home, upped their acquisition activity overseas, says DTZ report
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Singapore
ACQUISITIONS by real estate investment trusts (Reits) pushed up real estate investments, and property companies became net sellers in the third quarter, said a report by DTZ on Wednesday.
Real estate investment activity in Q3 rose 15.4 per cent quarter-on-quarter to S$5.5 billion, bringing the total nine-month investment volume to S$15.3 billion.
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