SG’s outbound investment drops 36.4% QoQ in 3Q23

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pstrongYear-on-year, outbound investment declined 62%./strong/p pSingapore’s outbound investment fell to $2.7b in 3Q23, data from Real Capital Analytics showed./p pThe 3Q23 figure translates to a 36.4% QoQ and 63% YoY drop./p pIn a report, Knight Frank attributed the decline to muted sentiment due to “escalating borrowing costs negating positive carry from property income streams, ongoi

Singapore’s outbound investment fell to $2.7b in 3Q23, data from Real Capital Analytics showed.In a report, Knight Frank attributed the decline to muted sentiment due to “escalating borrowing costs negating positive carry from property income streams, ongoing geopolitical tensions, and market uncertainties.”

Some noteworthy deals in 3Q23 include CLD’s purchase of interests in 25 freehold residential assets in Japan for $321.9m and CapitaLand Ascendas Reit’s acquisition of a data centre in the United Kingdom for $209.4m....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

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