157 views
Photo from Magnific

Cross‑border real estate inflows surge to $7.24b in Q1

Portfolio deal and retail activity lift volumes to $7.24b, says Knight Frank.

Singapore recorded $7.24b (USD5.7b) in cross-border real estate investment in the first quarter (Q1) of 2026, rising from below $1.27b (USD1b) a year earlier, according to real estate consultancy firm Knight Frank.

The company said the increase was driven mainly by Hongkong Land’s spin-off of a portfolio of institutional-grade office assets and a retail mall into a private real estate fund backed by Qatar Investment Authority (QIA) and APG Group.

It said the transaction was among the largest portfolio deals in Asia-Pacific (APAC) during the quarter and accounted for a significant share of regional cross-border volumes.

Knight Frank said Singapore’s inflows came amidst a broader recovery in APAC capital markets, where cross-border investment more than doubled year on year to $28.44b (USD22.4b) and made up 34.8% of total regional activity.

A separate HSBC survey found that 95% of Singapore-based respondents plan to increase cross-border trade or investment over the next five years.

The same survey also found that 91% of Singapore respondents have recalibrated capital allocation strategies in response to volatility, with technology and AI cited as key drivers of international investment decisions. 

Sovereign wealth funds and institutional investors contributed $16.25b (USD12.8b) in Q1 2026, compared with $10.92b (USD8.6b) a year earlier.

Beyond the headline portfolio deal, Singapore also saw increased activity in the retail segment, with investment rising to $1.4b (USD1.1b).

Knight Frank cited Hines’ acquisition of Bukit Panjang Plaza from CapitaLand Integrated Commercial Trust (CICT) for $427.81m (USD337m) as part of the quarter’s deal flow.

The firm said Asia-Pacific investment activity overall rose to $82.01b (USD64.6b) in Q1 2026, the strongest quarterly performance since Q4 2021, supported by renewed deployment into core and income-stable assets across key markets.

$1.27 = USD1

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

AI keeps Singapore factories firing
Electronics climbed 35.8% as chemicals, biomedical, and transport engineering weakened.
Airwallex raises $320m in Series H funding round
Airwallex plans to expand into new markets and scale its AI teams.

Exclusives

Monday.com picks Singapore for Southeast Asia expansion
Its in-house designers created Singapore-inspired artwork in the company's colors.
Tsuklio targets dual-income families in Singapore expansion
The Japanese meal subscription platform logged 3,000 pre-registrations before launch.
Choosier Asia buyers steer auctions toward rare art
Collectors are bidding harder for works with clear ownership histories.