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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
Savills IM's survey showed that Singapore ranked fifth in terms of geographical markets expected to attract the most real estate investments in 2021, after the US, UK, Canada and pan-Asia.
BT FILE PHOTO
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...
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