Investment MarketBeat Report
Xian Yang Wong • 09/10/2024
Total investment volumes rose 28.6% qoq to $8.1 billion (b) in Q3 2024, led by the residential sector ($3.1b) followed by industrial ($2.5b) and commercial ($2.3b) sectors. In 2024YTD, total investment volumes recorded $ 18.7b, surpassing full year 2023’s volume ($18.4b). The industrial sector witnessed a significant pickup in volume, led by the $1.6b industrial portfolio sale by Blackstone-Soilbuild private Reit. Robust activities were also recorded in the retail market, including ION Orchard (50.0% interest) for $1.8b and Sceneca Square, the retail component of a suburban mixed-use development, for $64m which was acquired by 8M Real Estate.
Marketbeats
MarketBeat • Investment / Capital Markets
Total investment volumes rose 28.6% qoq to $8.1 billion (b) in Q3 2024, led by the residential sector ($3.1b) followed by industrial ($2.5b) and commercial ($2.3b) sectors.
Xian Yang Wong • 09/10/2024
MarketBeat
Island wide retail rents continued to grow by 0.7% qoq to $29.62 psf/mo in Q3 2023, only about 0.2% below the pre-pandemic rate of $29.68 psf/mo, indicating a steady recovery path underpinned by limited new supply and resilient demand.
Xian Yang Wong • 09/10/2024
MarketBeat
Despite a slight increase in vacancy rates to 5.5% in Q3 2024 (from 5.4% in Q2 2024), CBD Grade A office rents grew 0.3% qoq.
Xian Yang Wong • 09/10/2024
MarketBeat
Industrial property rents continued to show diverging performance in Q2 2024.
Xian Yang Wong • 09/10/2024
MarketBeat
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Xian Yang Wong • 09/10/2024