The heat is on down under as market jitters in US and Europe force funds to sell performing assets
The heat is on down under as market jitters in US and Europe force funds to sell performing assets
- 2008
- Asia Property April 2008, 10-11(2) .
Explains that, despite strong fundamentals, the main Australian property groups are under pressure from the banks to repay debts. Finds that the credit crunch is now hitting the Australian REIT market. Table shows Top Australian Property Firms by Market Capitalisation.
Australia
Explains that, despite strong fundamentals, the main Australian property groups are under pressure from the banks to repay debts. Finds that the credit crunch is now hitting the Australian REIT market. Table shows Top Australian Property Firms by Market Capitalisation.
Australia