commercial property

The SGX-listed real estate firm’s contracted pre-sales was at $5.97b.

There is no question that the wealth of the world continues to grow, even amidst the rise of unprecedented and unexpected events of the 2020s. In 2019, the number of billionaires rose by a whopping 38.9%, and with this rise in figures, Asia became one of the major magnets for wealth. A growth of almost 7.9% in the regional high-net-worth sector has resulted in a rise in the number of family offices in Singapore.

And Suntec REIT announces plan to buy London office for US$489m.

The real estate firm will invest $90.8m in a new logistics facility in Osaka, Japan.

The property is a 678-bed student accommodation in South Carolina.