Safe and cheap? Australia seen luring property funds
Wednesday, September 17, 2008
Source: Reuters
Reuters reports: With $12 billion of commercial buildings up for grabs and its currency weakening, Australia is becoming a prime target for global funds.
Cashed-up Middle East investors and German funds with low-risk, low-return expectations are sniffing out deals, according to Robert White, president of New York-based research firm Real Capital Analytics.
View the full article on Reuters: Safe and cheap? Australia seen luring property funds
Posted by: Nina Turner