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Overseas investors drawn to Australian property

Posted on 10 November 2010

From Smh.com.au: Australian real estate investment trusts are very attractive to international investors due to the underlying quality of assets and stable economy, according to United States property advisers.
Ron Sturzenegger, the global head of real estate for Merrill Lynch, who is attending the firm’s inaugural Australian REIT conference in Sydney this week, said the one hurdle for his clients was the strong Australian dollar……………………………………….Full Article: Source

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