Singapore seen as one of most active capital sources in 2021
Outbound investments from Republic to Australia expected to climb to US$3.82b next year, estimates Knight Frank
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Nisha Ramchandani
Singapore
SINGAPORE is expected to be among the top five sources of active capital in 2021, with investments bound for real estate assets in markets such as Australia, the United Kingdom and China, according to Knight Frank.
Outbound investments from Singapore to Australia are expected to climb to US$3.82 billion next year, the real estate consultancy estimates, which is 28 per cent higher than the five-year average of US$2.98 billion. In contrast, investment activity this year has been hampered by border closures and various lockdowns, with transaction volumes totalling US$2.32 billion year-to-date.
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