Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Global investors eye S'pore's commercial property market
The Straits Times
|December 14, 2024
Deals in the sector amounted to $8.94b in Q3, up nearly 40% from Q2, says Colliers
Overseas investors charged back into Singapore's commercial property market in the third quarter of 2024 after spending most of 2023 on the sidelines.
High-profile global firms and publicly listed buyers have accounted for about 75 percent of activity in the commercial real estate space so far this year, said investment research firm MSCI.
Most of this buying in 2024 has been in the industrial and residential sectors, including hotels, while interest in offices has fallen.
Real estate deals in the commercial investment space amounted to $8.94 billion in the three months to Sept 30, up nearly 40 percent from the second quarter of 2024 and 27.5 percent from the third quarter in 2023, noted property consultant Colliers.
Colliers estimates that investment sales will total between $22 billion and $24 billion in 2024, a 5 percent to 15 percent growth compared with 2023.
Singapore and other regional markets have been hit by higher interest rates over the past couple of years, but the prospect of lower borrowing costs has whetted institutional appetite for commercial real estate.
Denne historien er fra December 14, 2024-utgaven av The Straits Times.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Straits Times
The Straits Times
UPS cuts 48,000 jobs on fewer Amazon deliveries
NEW YORK - United Parcel Service (UPS) is cutting some 48,000 jobs as part of a major reorganisation connected to a planned reduction in delivery services for Amazon packages, company officials said on Oct 28.
1 min
October 30, 2025
The Straits Times
Child protection • Consider renaming agency to reinforce its enforcement role
A nation searches its soul over the brutal abuse and killing of four-year-old Megan Khung.
1 min
October 30, 2025
The Straits Times
S'pore investing in field of embodied Al
Of the two cohorts supported so far, six startups are based in Singapore, reflecting how local innovators are helping to shape the region's low-carbon transition, said DPM Gan.
2 mins
October 30, 2025
The Straits Times
KL's ban on raw rare earths exports remains despite US deal: Minister
KUALA LUMPUR - Malaysia will maintain a ban on the export of raw rare earths to protect its domestic resources, despite signing a critical minerals deal with the US this week, the investment, trade and industry minister said on Oct 29.
1 min
October 30, 2025
The Straits Times
At least 132 killed in Brazil police raids in Rio ahead of COP30
Eighty-one arrested in operation described by state govt as largest to target major gang
2 mins
October 30, 2025
The Straits Times
Enlivening S’pore’s north, helping shops digitalise among ideas being studied by RTS Link task force
Rejuvenating neighbourhoods in Singapore’s north and supporting businesses through promotions and digitalisation are some plans being explored by a task force helping Singaporeans and local businesses seize opportunities from the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link.
3 mins
October 30, 2025
The Straits Times
Nasa tests ‘quiet’ supersonic jet in quest for faster passenger air travel
- Nasa’s X-59 Quesst supersonic-but-quiet jet soared over the Southern California desert on Oct 28 in the first test flight of an experimental aircraft designed to break the sound barrier with little noise, paving the way for faster commercial air travel.
2 mins
October 30, 2025
The Straits Times
Repetitive dullness snuffs out A House Of Dynamite
A HOUSE OF DYNAMITE (M18) 115 minutes, available on Netflix ★★☆☆☆ The story: A missile, possibly armed with a nuclear payload, launches from Asia and is headed towards the United States. Impact is expected in minutes. In the White House situation room, Captain Walker (Rebecca Ferguson) tries to work out the origins of the launch and the reasons for it. At the same time, at a military command centre in Nebraska, General Brady (Tracy Letts) weighs his options. Walker and Brady report their findings to the US President (Idris Elba) and Secretary of Defence Baker (Jared Harris). As minutes tick by, officials are forced to consider the unthinkable: a retaliatory nuclear strike.
1 mins
October 30, 2025
The Straits Times
What Asean and buoyant Manchester United have in common
Years of underachievement, now a moment in the sun. For both, the hard part comes next.
4 mins
October 30, 2025
The Straits Times
Advertising Extend SkillsFuture safeguards to financial marketing
I refer to your Oct 8 report “SkillsFuture training providers barred from using third-party promoters from Dec 1”.
1 min
October 30, 2025
Listen
Translate
Change font size