Singapore Real Estate News
Singapore
Singapore Hotel Demand to Accelerate in Late 2022
Global property consultant JLL is reporting that Singapore's mid-market hotel sector -- fueled by increased tourist demand and reflected by heightened investment -- will continue to post healthy post-pandemic growth performance in the second half of 2022.
Despite Covid, Asia Pacific Corporate Real Estate Disposals Hit Record Highs in 2021
According to global property consultant CBRE, following a steady flow of sales in 2020, corporates across Asia Pacific increased their real estate disposal activity in 2021. 762 deals worth a combined total of $44.4 billion were completed as sellers capitalised on strong pricing to offload assets.
Life Sciences Sector Providing Upside to Asia Pacific Landlords
According to global real estate consultant JLL, rapid expansion in the life sciences sector will provide substantial opportunities for commercial property owners and developers in Asia Pacific, as real estate becomes a priority for companies that provide health and medical products and services.
Global Commercial Investment Hits $282 Billion in Early 2022
According to new data by CBRE, global commercial real estate investment volume increased by 34% year-over-year to $282 billion in Q1 2022. Investment was up by 47% in the Americas, 25% in EMEA and 5% in Asia-Pacific. Note that all investment totals and percentage changes cited in this report are in U.S. dollars.
