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Analysts selectively upbeat on Australia property

Posted on 13 May 2011

Despite a weak residential-housing market and challenging retail conditions, Australia’s property sector — and specialized-shopping firms in particular — still holds appeal, analysts say.
Property firms are also buffeting strong currency headwinds, as the Australian dollar bobs at 29-year highs against the greenback, but low interest rates in the U.S. are helping firms like Westfield Group Australia offset the impact……………………………………….Full Article: Source


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