07.03.2013 - Singapore: Big institutional investors buying up regional properties
Big institutional investors have been actively buying up properties across the region. Property investments by pension, insurance and sovereign wealth funds have doubled over the last two years. And some of these investments have spilled over into the Singapore property market. Property sales for investment purposes hit S$31.45 billion in Singapore last year. These include purchases of government land, strata-titled commercial properties and acquiring units in Singapore's Real Estate Investment Trusts or Reits, according to a report by property consultants CBRE...............................................Full Article: Source
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