19-10-2015, 06:16 AM
http://www.straitstimes.com/business/spo...ies-abroad
S'pore-based firms snap up $24b of properties abroad
Purchases by Singapore-based firms of overseas real estate rose 58 per cent in value to US$17.2 billion (S$23.7 billion) in the first three quarters of this year compared with the same period last year, according to Savills Research. The analysis was based on properties and portfolios worth at least US$2.5 million.
S'pore-based firms snap up $24b of properties abroad
Purchases by Singapore-based firms of overseas real estate rose 58 per cent in value to US$17.2 billion (S$23.7 billion) in the first three quarters of this year compared with the same period last year, according to Savills Research. The analysis was based on properties and portfolios worth at least US$2.5 million.