CBRE recently released data gathered to reflect Asian outbound investment in real estate in 2014, stating the year as an impressive and lively one in term of real estate investment source. According to the statistics, Asian outbound real estate investment had a record year, reaching US$40 billion—reflecting an increase of 23% year-on-year. In details, deployment of capital into real estate accelerated as new investor types emerged over the year, including insurance groups from China and Taiwan and Chinese property companies. More over Asian cross-border real estate investors also began to diversify in terms of asset classes; investing more in hotels and industrial—though office continued to dominate. Speaking on the topic, Ada Choi, Senior Director for CBRE Research Asia, commented that Singapore maintained its position as the number one source of outbound capital, closely followed by China and Hong Kong—with all three markets showing an increase in cross border investment. Meanwhile, more experienced Asian institutional investors from places such as Korea and Japan are increasingly gaining exposure via indirect funds and club deals.