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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
Published Wed, Oct 15, 2014 · 09:50 PM
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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.
KEYWORDS IN THIS ARTICLE
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