Wed, Sep 17, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, REITs more

Australia REITs may have raised too much equity

Posted on 25 June 2009

From Guardian: Major Australian property trusts have recapitalised and are armed with stronger balance sheets, but some may have raised too much equity at the expense of future earnings growth.
In the first half of 2009, Australian real estate investment trusts (REITs) raised more than A$9 billion ($7.04 billion) in equity to pare down debt, with banks reluctant to extend loans or demanding sharply higher interest rates amid a global financial crisis…….Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930