Mar
12
2010
Debt a worry for local real estate trusts (Sydney Morning Herald)
Posted by in Mortgage Loan NewsNews Sources wrote an interesting post today on
Here’s a quick excerpt
THE ability to refinance debt remains a key concern of Australian real estate investment trusts (A-REITs) as debt markets remain illiquid, offshore banks seek to repatriate their borrowings from Australia and domestic banks look to reduce their exposure to commercial property, according to an Ernst & Young report on the sector.
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