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SG amongst top 3 markets where APAC investors plan to increase AUM
Six in 10 investors plan to increase investments in the Lion City.
Amidst heightened uncertainty, investors in Asia Pacific are pivoting to stable markets, including Singapore.
According to a report by JLL, Singapore is the second-most favoured geography amongst APAC investors in 2023, with six in 10 (60%) planning to increase their assets under management (AUM) in the Lion City.
"Singapore’s safe investment haven reputation and sound property market fundamentals are expected to remain major draws for investors," JLL said.
" Riding on the recovering retail and tourism industries and the re-opening of China, investor interest in retail and hospitality assets could rise this year," JLL said.
Apart from Singapore, investors also favour Japan, Australia, and South Korea.
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