Singapore is the top nation making acquisitions in Hong Kong

To date, deal values reached US$2.6 billion from 10 deals.

According to Thomson Reuters, a consortium of investors including Singapore's state-owned Temasek Holdings and Mapletree Investments acquired one of Hong Kong's flagship shopping malls Festival Walk this week at a value of US$2.4 billion from Swire Properties, marking the Real Estate industry as the most targeted industry for inbound Hong Kong M&A activity at US$9.6 billion; up 16% from the same period last year. Inbound HK M&A has reached US$7.8 billion through 132 deals thus far.

Singapore is also the top nation making acquisitions into Hong Kong, a significant jump from deal values of US$149million at this point last year to the US$2.6 billion today from 10 deals. 

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