Singapore commercial property investment jumps 72% to US$1.9b in Q1; bucks regional downtrend: RCA

Singapore escaped the downtrend that caught every other major national Asia Pacific real estate market in the first quarter of this year, with commercial real estate investment jumping 72 per cent year-on-year to US$1.9 billion, data released by Real Capital Analytics on Tuesday show.

Hong Kong was nudged into second place among Apac metropolitan markets with an investment volume of US$4.4 billion, and Tokyo came in third at US$3.9 billion. Singapore placed sixth, the same as last year. That being said, offices still rank at the top of investor wishlists due to the ongoing cyclical recovery in the office market across most major metros.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore is 3rd most innovative city globally; innovation key to property investment: JLL reportSINGAPORE is the third most innovative city in the world, with innovation now an important part of real estate investment strategies, according to a new report from global property consultant JLL. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hillhouse Capital, SGX backs US$60m investment into US bond trading platform TrumidTRUMID, a New York-based fintech startup and bond trading platform, has secured fresh investment from global investment firm Hillhouse Capital in a US$60 million funding round. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »