Investment sales in Q1 2011 have amounted to $7.23 billion (US$5.73 billion) so far, 66.6 per cent higher that the S$4.34 billion (US$3.44 billion) in Q1 2010, according to a report from CB Richard Ellis. The private investment sales market has accounted for S$4.36 billion (US$3.45 billion) or 60.3 per cent of the quarter’s total investment sales to date, while investment sales in the public sector contributed the remaining 39.7 per cent or S$2.87 billion (US$2.27 billion). Full story
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