Chart from Knight Frank

SG’s outbound investment drops 36.4% QoQ in 3Q23 

Year-on-year, outbound investment declined 62%.

Singapore’s outbound investment fell to $2.7b in 3Q23, data from Real Capital Analytics showed.

The 3Q23 figure translates to a 36.4% QoQ and 63% YoY drop.

In a report, Knight Frank attributed the decline to muted sentiment due to “escalating borrowing costs negating positive carry from property income streams, ongoing geopolitical tensions, and market uncertainties.”

Some noteworthy deals in 3Q23 include CLD’s purchase of interests in 25 freehold residential assets in Japan for $321.9m and CapitaLand Ascendas Reit’s acquisition of a data centre in the United Kingdom for $209.4m.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


Startup pushes preventive healthcare through digitalised longevity solutions
Mito Health CEO Kenneth Lou believes their personalised platform can address potential future health concerns and extend lifespan.
Budget 2024: 3 tax strategies to offset BEPS 2.0 effects
Should the directive be implemented, selected MNEs will be subject to a global minimum tax of 15%.