SINGAPORE (Jan 29): Singapore saw its outbound real estate investments soar 40% on-year to a record high of US$28.4 billion ($37.2 billion) in 2017 – upending the US$27.6 billion achieved in 2015 to emerge as the fifth largest real estate investor globally, according to data from Real Capital Analytics and Cushman & Wakefield. 

In a Monday announcement, Cushman & Wakefield adds that Singapore has also become the largest Asian investor in the US – surpassing the combined total from Chinese and Hong Kong firms with a focus on industrial, suburban multi-family and more niche asset classes, including student housing and data centres.

See: Singapore ousted China as Asia’s No. 1 buyer of US commercial property

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