According to new research from global property consultant CBRE, Asian outbound commercial real estate investment volume declined 37% year-over-year to $30 billion in 2020, as Coronavirus-related obstacles including restrictions on travel and site inspections impeded purchasing activity.
Global property consultant CBRE is reporting that worldwide commercial real estate investment increased by 84% quarter-over-quarter in Q4 to $290 billion but was down by 20% from Q4 2019.
International property broker EDMUND TIE is reporting that with signs of progressive economic recovery in play for Singapore, private home activity continued on an upward trend for five consecutive months to reach 1,329 units transacted in September 2020.
The office climate in Singapore was relatively subdued in Q3 2020 as the majority of the workforce continued to work from home.
The top countries of origin for high-end international home buyers coming into the UK property market -- during the 2020 Coronavirus outbreak -- include the UAE, United States and Australia.
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