This was the second year in a row Singapore registered as the top source of outbound capital.
Accordingto a CBRE report, Asia’s outbound real estate investment hit a record40 billion USD in 2014, up 23 percent in the last year.
Ada Choi,Senior Director for CBRE Research Asia noted that Singaporean investorslooked offshore due to compressed yields in their home market and ashortage of investable assets.-VNA