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S'pore top Asia-Pac commercial property buyer: DTZ

Stable Singapore dollar helped to lower investment costs

Singapore came in third for cross-border investment in the North American region between Q3 2014 and Q2 2015, and the deals included Ascott Residence Trust's US$165 million purchase of Element New York Times Square West hotel


SINGAPORE is the top source of capital for cross-border investment in commercial property in the Asia-Pacific, according to a press release by global real estate services company DTZ.

It came in ahead of China and the US for outward investment in Asia-Pacific commercial...

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