Singapore investors making foray into Irish property
Commercial real estate there drawing interest due to chronic undersupply and rising rents post-Brexit
Singapore
IRELAND is gaining its own limelight as Brexit unravels. With banks and other corporations seeking another European Union (EU) hub, Irish commercial and industrial spaces have seen increased demand - including from Singapore companies.
For instance, Singapore investment firm Fine Grain Property made headlines in Ireland earlier this year when it joined hands with sovereign development fund, Ireland Strategic Investment Fund (Isif), to invest 100 million euros (S$158.6 million) in commercial property there.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2