Property project strategies
With the UK signing up to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) earlier this year, SBM was in Singapore this month to build contacts and connections.
The free trade block was set up in 2018 and the UK is set to become one of the few countries to hold a Free Trade Agreement with both the EU and the CPTPP.
During our visit, we made a series of building inspections to gather insights into the Singapore market.
We covered a range of options from the high quality offices in the new financial centre through to a spectacular multi-storey logistics facility, core industrial properties and a rare opportunity to acquire an entire building on its own site with a good length of lease in western Singapore.
State of the market in Singapore
- Offices: fantastic opportunity to trade up at the same price
- Offices: plenty of rent free incentives.
- Industrial and logistics: tough for tenants
- Industrial and logistics: most facilities are multi-storey to save on land
We have been building contacts and connections in Singapore since 2012 and we believe the economic weight of the world will continue to drift in a South Easterly direction.
How we can help
Our property project strategies are designed in London and implemented using in-country specialists.
Should you require market information, a disposal or acquisition strategy in Singapore email email@example.com
We would like to thank Graeme Bolin, Jasline Chua and Cherie Chan from CBRE for their hospitality and support in organising a tour of inspections.
Published: 10th October 2023