On the other hand, buyers were waiting to enter at more attractive prices amid the likelihood of a global recession.
Ascendas Reit was also noted as an active player in investment sales during the quarter due to its S$102.9 million acquisition of a 25 per cent stake in Galaxis. The real estate investment trust also sold Wisma Gulab to Heap Seng Group for S$88 million and 25 Changi South Street 1 to Hao Mart for S$20.3 million.
However, the decline in interest rates may lead to a rapid return on investment activity in 2021 once investor sentiment recovers.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: