A cyclist wearing a protective face mask rides in front of the Central Business District area in Singapore, Photo: EPA-EFE A cyclist wearing a protective face mask rides in front of the Central Business District area in Singapore, Photo: EPA-EFE
A cyclist wearing a protective face mask rides in front of the Central Business District area in Singapore, Photo: EPA-EFE

Loaded with cash, global property buyers wait for sellers to crack under pandemic strain

  • Private equity firms have US$328 billion cash to deploy for global real estate investment, according to Preqin data
  • Sellers are only willing to offer discounts of 5 per cent while buyers are hoping for about 20 per cent concession

Topic |   Coronavirus pandemic: All stories
A cyclist wearing a protective face mask rides in front of the Central Business District area in Singapore, Photo: EPA-EFE A cyclist wearing a protective face mask rides in front of the Central Business District area in Singapore, Photo: EPA-EFE
A cyclist wearing a protective face mask rides in front of the Central Business District area in Singapore, Photo: EPA-EFE
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