Attractive industries in Europe
Europe’s economy fared poorly last year, narrowly avoiding a recession in the second half of 2023. High inflation, driven by rising energy prices and high interest rates, are some factors driving demand down. So, what does Temasek see in Europe and the broader EMEA region? 2024 has proven to be more favourable for the region. Inflation has eased gradually, accompanied by...Singapore-headquartered investment company, Temasek Holdings, has opened a new office in Paris on 11 April 2024.
This is Temasek’s third office in Europe, alongside its London and Brussels counterparts.
The investment firm stated that its Paris office will expand Temasek’s global coverage, furthering its mission to construct a robust portfolio for the future under its 2030 strategy.
Furthermore, the inauguration of the Paris office underscores the importance of the Europe, Middle East, and Africa (EMEA) region to Temasek.
Since 2011, Temasek’s exposure to the EMEA region has increased nearly fivefold. It now constitutes 12% of its portfolio as of 31 March 2023.
