Singapore has emerged as a top destination for real estate investors, both local and foreign, and investing in a condo has become a popular choice. This is largely due to the country’s strong economy, stable political climate, and unparalleled standard of living. With a flourishing real estate market, Singapore offers a plethora of opportunities for investors, and condos are particularly attractive for their convenience, amenities, and potential for high returns. Let us delve deeper into the advantages, considerations, and necessary steps involved in investing in a Singapore Condo.
JLL, a real estate consulting firm, has recently announced the appointment of James Cameron as the head of energy and infrastructure for Asia Pacific in their capital markets business line. This newly created position will be based in Singapore, as stated in a press release on January 14.
Cameron will be responsible for establishing a team in the Asia Pacific region. His role will complement JLL’s existing Energy & Infrastructure business in EMEA, creating a global capital advisory capability to better serve local and international developers and investors.
According to JLL, Cameron’s appointment aligns with the long-term capital needs for infrastructure and renewables projects in order to meet the challenges of decarbonisation, digitalisation, economic growth, and rapid urbanisation.
Stuart Crow, JLL’s CEO of capital markets in Asia Pacific, says, “We see a great opportunity to leverage our unique expertise in mobilising multiple sources of capital and JLL’s unrivalled track record in advising on renewables transactions globally to serve clients in the energy and infrastructure sector across Asia Pacific.”
Cameron will work closely with JLL’s capital markets, investment banking, and debt advisory teams across the region with a focus on originating capital raising and transaction advisory opportunities for large infrastructure and renewable energy deals for institutional investors, private equity, asset managers, strategic infrastructure and renewable energy operators and developers, high net-worth individuals, and family offices.
With over 25 years of experience in real asset capital markets, Cameron previously held the position of global head of commercial real estate at Standard Chartered Bank. He has a wealth of experience in mobilising both private and public equity and financing for infrastructure projects globally and regionally.
Crow adds, “James’ experience in this exciting space is unparalleled in the region, and we have great confidence in his ability to establish JLL’s leadership position through his expertise and client relationships.”
In other news, JLL reports a 40% increase in capital market deals in 2024, boosted by recent interest rate cuts. Additionally, CDL, a leading real estate developer, has announced plans to divest its freehold strata units at Cititech Industrial Building and Citilink Warehouse Complex for a total of $149 million. Furthermore, a recent survey by JLL reveals that about 80% of occupiers in Singapore are targeting 100% green-certified portfolios by 2030.