000			01078cab a2200169 4500
001			##L132756
008			060307n2006 000 0 eng u
035			_a(Sirsi) u132756
041	0		_aeng
245	0	0	_aNew roads open for investors
260			_c2006
490		0	_aEuroProperty _vMarch 2006, 19(1)
520			_aProperty investors are becoming more interested in infrastructure investment. One advantage is that it is less exposed to the economic cycle than real estate. Infrastructure also shares two important characteristics with property: long asset life and low return volatility. The gearing level for investors is also similar, at anything between 30% and 90%. However, the physical scale of infrastructure assets also presents big risks for investors. Managing the infrastructure also requires more specialist knowledge than managing property. Government projects are also becoming increasingly reliant on the private sector to help fund projects.
590			_aIKA140306
690			_aPROPERTY-INFRASTRUCTURE-INFRASTRUCTURE FINANCE AND INVESTMENT
942			_n0
999			_c76607 _d76607