Singapore tops Asian outbound real estate investment in 2018

Indonesia Berita Berita

Singapore tops Asian outbound real estate investment in 2018
Indonesia Berita Terbaru,Indonesia Berita utama

Singapore tops Asian outbound real estate investment in 2018 | Singapore Business Review

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Singapore-based investors ended 2018 in top position as the most active group of offshore real estate investors as it allocated US$21.6b in capital, up from US$20.9b in 2017.Total Asian outbound investment declined by 36% YoY to US$53.8b in 2018, driven primarily by re-allocation of portfolios by Chinese investors. Singapore accounted for its 40% or US$21.6b.

London remained the top destination for Asian capital, owing to strong fundamentals and its established standing as the preferred metropolitan area for first time buyers to invest.

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