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Real Estate Briefing - Categorized | Finance, Performance more

Singapore sees higher direct real estate transactions in Q2

Posted on 22 August 2011

Direct real estate transaction volumes rose 225 per cent year-on-year (y-o-y) in the second quarter of this year to US$2.2 billion (S$2.7 billion).
According to Jones Lang LaSalle’s (JLL) Asia Pacific Capital Markets Bulletin, this was boosted by double-digit growth in the financial services sector which continued to drive gross prime Raffles office rents up 1.5 per cent over the previous quarter, even with significant supply coming on-stream……………………………………….Full Article: Source

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