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Singapore top Asian real estate investor in 2014 with $16.22b worth of assets

Singapore Business Review

Asian outbound real estate investment had a record year.

Singapore topped the regional charts when it came to outbound real estate acquisitions in 2014.

Data released today by CBRE showed that firms in the city-state bagged $16.22b (US$11.9b) in 2014, as Singapore-based investors looked offshore as a result of compressed yields in their home market and a shortage of investible assets.

The second largest source of capital was China, closely followed by Hong Kong. Asian outbound real estate investment had a record year, reaching US$40 billion—reflecting an increase of 23% year-on-year.

EMEA continued to receive the largest share of Asian investment, receiving US$13.7 billion of the total, but remained flat on 2013. Other regions saw substantial increases in Asian investments: Americas (up 20% year-on-year), Pacific (33% year-on-year) and Asia intra-regionally (58% year-on-year). In Asia, Japan was the leading target destination, followed by China.

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