When considering an investment in a condo, it is imperative to also evaluate its potential as a rental property. This is commonly referred to as rental yield, which calculates the annual rental income as a percentage of the purchase price. In Singapore, condos can have varying rental yields, depending on several factors such as location, property condition, and market demand. Typically, areas with high rental demand, such as those near business districts or educational institutions, tend to offer higher rental yields. To gain a comprehensive understanding of the rental potential of a specific condo, it is advisable to conduct thorough market research and seek guidance from experienced real estate agents. Condos are a valuable investment opportunity, and careful consideration is crucial in determining their rental yield.
JLL, a leading real estate consulting firm, has announced the appointment of James Cameron as the head of energy and infrastructure for Asia Pacific in its 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 building and leading a team in Asia Pacific that will complement JLL’s existing EMEA Energy & Infrastructure business. This will create a global capital advisory capability to better serve both local and international developers and investors.
According to JLL, Cameron’s appointment is in line with the long-term capital requirements needed to facilitate the infrastructure and renewable energy developments required to meet the challenges of decarbonisation, digitalisation, economic growth, and rapid urbanisation.
Stuart Crow, CEO of JLL Asia Pacific’s capital markets division, says: “We see significant opportunities in leveraging our unique expertise in mobilising multiple sources of capital and JLL’s unrivalled track record in advising on renewables transactions globally to serve our clients within energy and infrastructure across Asia Pacific.”
In his new role, Cameron will work closely with JLL’s capital markets, investment banking, and debt advisory teams across the region, with a focus on origination of capital raising and transaction advisory opportunities for large infrastructure and renewable energy projects. This will serve institutional investors, private equity firms, asset managers, strategic infrastructure and renewable energy operators and developers, high net-worth individuals, and family offices.
Cameron brings with him over 25 years of real asset capital markets experience, having previously served as the global head of commercial real estate at Standard Chartered Bank. He also has extensive experience in mobilising forms of private and public equity and financing across global and regional infrastructure projects.
Crow adds: “James’ expertise in this exciting space is unmatched regionally, and we are extremely confident in his ability to establish JLL’s leadership position through his expertise and client relationships.”
In related news, JLL has also recently appointed Jolyon Thomson as Executive Director of Logistics and Industrial in Singapore. Additionally, a JLL survey found that about 8 in 10 occupiers in Singapore are targeting 100% green-certified portfolios by 2030.