Singapore ranks as 2nd top global hub for cross-border capital
Also in the top 10 from the Asia Pacific region are Hong Kong, Japan, and China.
Singapore has emerged as the second leading source of global cross-border capital for the first half of 2024, with total transactions reaching 1,929, according to Colliers’ Global Capital Flows September 2024 report.
Also in the top 10 from the Asia Pacific region are Hong Kong, Japan, and China.
“Improving fundamentals are set to create new investment opportunities in the months ahead, with global rate cuts signaling positivity for real estate markets,” Chris Pilgrim, Colliers’ managing director of Global Capital Markets, Asia Pacific, said. “Whilst 2024’s market gains will be moderate, 2025 will see a much greater spread to yields emerge, opening up more of the market to buyers and vendors as valuations adjust.”
Pilgrim highlighted that most major global economies have moved past recession fears, with GDP rates improving year-on-year. GDP growth forecasts for developed economies are projected to improve further in 2025 and 2026, supported by anticipated rate cuts.
Moreover, major developing economies such as China and India continue to show robust growth, though a gradual normalization of GDP growth rates is expected over the same period.
“For global investors, the Asia Pacific region offers strong economic growth, attractive returns compared to more developed regions and an opportunity to diversify their investment portfolios within the region’s dynamic, varied and emerging markets,” said Pilgrim.
“APAC is a powerhouse of economic activity, offering diverse investment opportunities across traditional sectors such as residential, commercial and industrial and logistics as well as growing specialized sectors like data centers and cold storage,” he added.