Property investment demand may shift to industrial assets: analyst

Investment sales are seen to slowdown in 2023 because of cost pressures.

There is an institution investment demand moving towards high-yielding products including industrial properties, Cushman & Wakefield said.

Meanwhile, the private residential market may also drive investment volumes next year but home developers are cautious and recent acquisitions reflected a selective appetite towards small-medium sites or more prudent bids for large sites.

Whilst investment sales are poised to achieve a three-year high, it decelerated in the second half of 2022. Cushman & Wakefield said this will prolong to 2023 due to the persisting divide between buyers and sellers.

“Nonetheless, total investment volumes have reached $26.9b in the first three quarters of 2022 and could surpass $30b for the whole year, depending on the success of potential deals in the pipeline,” said Cushman & Wakefield.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia

Top News

Horizon3 sets up ASEAN headquarters in Singapore

The cybersecurity company will expand its local team following a $319.8m (US$250m) funding round.

Information Technology

3 hours ago

Daily Markets Briefing: STI slip 0.07%; Top stock is DFI Retail

DFI Retail is the top stock with a 1.82% increase.

Stocks

3 hours ago

Specialty chemicals manufacturing facility on Jurong Island for sale

The fully equipped facility is clean and ready to be recommissioned.

Commercial Property

15 hours ago

September surge masks looming export slowdown to 6% in 2027

Maybank raised its 2026 forecast to 27% from 18% in the same report.Non-oil domestic exports (NODX) growth could slow to 6% in 2027 as supply chain pressures and higher financing costs weigh on shipment momentum, Maybank Research Pte Ltd said.

Economy

19 hours ago