Investors are buying industrial estates amidst a manufacturing revival in Singapore, analysts said, as new home sales in one of the world’s most expensive housing markets fall to the lowest this year since the global financial crisis of 2008. Among industrial assets, logistics properties remain the most sought-after, Chua Yang Liang, head of Research and Consultancy for Southeast Asia at Jones Lang LaSalle, Inc., told Singapore Business Review. There is also renewed interest in the city-state’s retail sector, thanks to a global tourism revival and with more Asians getting rich, he added.   https://sbr.com.sg/commercial-property/exclusive/singapores-factory-retail-spaces-shine-housing-heads-worst-in-16-years (ICE SINGAPORE)

Fonte notizia: Singapore Business Review, 2 October 2024