Sunday, February 12, 2012

Some sweet property deals likely despite tighter credit

Business Times: Fri, Feb 10
TIGHTENING credit lines in a highly mercurial environment may manage to squeeze some sweetness out of Asian real estate this year, said Paul Guest, regional head of research and strategy at LaSalle Investment Management, in an interview with BT yesterday.


Highlighting that the dragon year could 'shake loose' some interesting transactions as the liquidity gap widens between assets with access to liquidity and those with limited to no access, Mr Guest expects competition for domestic core assets - defined as long-hold stable income properties - to intensify as feelings of risk aversion mount...



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