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Singapore's renewed love affair with Aussie property driving acquisitions

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Published Sun, Dec 22, 2019 · 09:50 PM
    Outbound investments from S'pore by market
    Significant transactions in 2019 from Singapore investors

    Singapore

    SINGAPORE investors' love for Australian real estate was rekindled this year, with acquisitions up 20 per cent to US$3.4 billion driven by the transparent and deep market, good yields, freehold opportunities and cheap currency.

    "Australia has always been a treasure cove of acquisition targets for Singapore companies; maybe it's a Singaporean thing... where we go there so often for holidays or to (further our) studies," said Derek Tan, DBS Group Research property analyst.

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