30 Dec '13, 7am

#GlobalREBubble #Singapore 'Global property markets to hit seven-year high in 2014: report' via @SGPropertyGuru

The global property investment market is gaining momentum, with volumes expected to rise 10 to 15 percent in 2014 and back above US$1 trillion for the first time in seven years, according to a Cushman & Wakefield report. This comes after an estimated 8.4 percent increase saw investment sales this year reach US$978 billion. David Hutchings, Head of EMEA Research at Cushman & Wakefield, said: “The growing level of optimism and activity we are seeing in most regions has its roots in a belief that the global economy is set for calmer waters ahead and that financial imbalances are on the mend.” “This is leading to an increase in risk appetites which is manifest in a push to invest across borders, a move towards second tier assets and a narrowing in the prime to secondary yield gap.” In Asia Pacific, trading activity is expected to rise five to seven percent next year after reco...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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