Sovereign demand for property building fast
Institutional appetite for real estate continues to swell, with deals such as Qatar Investment Authority's purchase of Asia Square Tower 1 pointing to rising interest in Asian assets.
![Sovereign demand for property building fast](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FAsia%20Square%20crop.jpg&c=1&h=677&q=100&v=20241001&w=1204)
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…
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