Singapore’s investments to the UK, the United States, continental Europe and Australia totalled US$25.10 billion.
Over the last 24 months, Asian investments into the United States, the UK, Australia and continental Europe totalled US$78.4 billion (S$109.5 billion). Of this, Singapore’s investments to the UK, the United States, continental Europe and Australia totalled US$25.10 billion, making Singapore the top investor in the list of Asian investors in the property sector in the United States, the UK and Australia.
China investors have been the second-largest in the three countries over the last two years, according to property consultancy Knight Frank in its “Global Cities: The 2016 Report”.
Malaysia is the third-largest investor in Australia and the UK, with the US and continental Europe being less favoured.
The US took the bulk of Singapore investments (US$10.68 billion), followed Australia (US$6.85 billion), the UK (US$6.44 billion) and Europe (US$1.13 billion). China invested a total of US$22.09 billion, with the US also being its favourite.
Malaysia’s investments totalled US$5.61 billion, with the UK receiving US$2.23 billion.
The period covered by Knight Frank’s survey is between the third quarter of 2013 and the second quarter of this year.
For more information, please visit The Straits Times.
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