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PR Newswire
07-06-2013, 02:08 PM
Suburban malls seem in favor over central malls... Yes, Retail REITS still a hot cake among investors...
Singapore’s malls top retail investment ranking
Singapore’s shopping malls offer the best returns in the Asia-Pacific region as economic and demographic growth boost consumption, according to Aviva Plc.
Suburban retail units catering to local resident demand will offer better yields than the central shopping centers, according to Aviva Investors Asia, which manages $2.5 billion in property assets and is a unit of U.K.’s second- biggest insurer. Malls in the island state may yield an average annual return of as much as 8% over the next two years, while those in the suburbs may have between 9% and 10% return annually over the same period, Aviva forecasts.
http://www.theedgesingapore.com/the-dail...nking.html
Singapore’s malls top retail investment ranking
Singapore’s shopping malls offer the best returns in the Asia-Pacific region as economic and demographic growth boost consumption, according to Aviva Plc.
Suburban retail units catering to local resident demand will offer better yields than the central shopping centers, according to Aviva Investors Asia, which manages $2.5 billion in property assets and is a unit of U.K.’s second- biggest insurer. Malls in the island state may yield an average annual return of as much as 8% over the next two years, while those in the suburbs may have between 9% and 10% return annually over the same period, Aviva forecasts.
http://www.theedgesingapore.com/the-dail...nking.html
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