
Singapore ranked third most active in Asia Pacific investments
China remained the most liquid market in Asia Pacific in 4Q 2010, accounting up to 50% of the activities in the region.
Across the region activity in Q4 was lower in all countries apart from China, Singapore and Thailand, according to DTZ Research's Investment Market Update. While China only saw a small increase of 3% it still made up 50% of all the activity in the region. Singapore with an increase of 99% and Thailand with an increase of over 2000% witnessed substantial increases in investment activity.
Transactions in Singapore doubled helped by a major cross-border deal involving the German fund Deka who purchased Chevron House in Raffles Place for US$419m and the sale of two thirds of the Marina Bay Financial Centre to Suntec REIT and K-REIT Asia both from Singapore for over US$1bn each.