Chart of the Day: Cross-border property investments dropped 30.2% in Q2

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No A key deal is CDL’s acquisition of 51.01% stake in Sincere Property Group for $880m. This chart from Knight Frank shows that Singapore’s outbound investment sales in Q2 amounted to $3b, which crashed 30.2% YoY from $4.3b in Q2 2019. Key deals included City Developments Limited’s (CDL) acquisition of 51.01% stake in the Chongqing-based developer Sincere Property Group for some $880m earlier in April, as well as the purchase of KSH Infra’s upcoming logistics park in Pune, India, by Mapletree Investments for about $56.3m in June. read more