NON-residential deals will continue to drive investment activity in Singapore for the rest of this year, given the tepid private residential market, DTZ said on Monday.
Reit activity and developer acquisitions will continue to support investment activity going forward, Swee Shou Fern, DTZ’s Director of Investment Advisory Services said.
Ms Swee said as global real estate markets start to improve, investors and funds are becoming more positive about the performance of the real estate market.
“This could see them increasing their allocations to real estate and Singapore could benefit, being one of the most liquid markets in the region.”
Non-residential deals to drive property investments in Singapore: DTZ