Sovereign demand for property building fast

Despite high real estate prices globally, most notably in prime locations such as London and New York, there is little sign of institutional investment demand for property flagging. On the contrary, on recent evidence it appears to be accelerating, particularly among sovereign wealth funds, with interesting rising in direct deals in particular. A notable example of this trend was Qatar Investment Authority's S$3.4 billion ($2.45 billion) purchase of Asia Square Tower 1 in Singapor…