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Real Estate Briefing - Categorized | Developers, Market Moves more

Australia: Depressed markets on developer’s wish list

Posted on 08 November 2012

Residential developer Cedar Woods is planning to expand for the first time beyond its traditional West Australian and Victorian markets into Queensland, where it is looking for land acquisitions.
Managing director Paul Sadleir said the Perth-based company wanted to buy developments in the depressed southeast Queensland housing market from developers who had fallen on hard times. “Queensland has probably suffered the most and has the most for sale,” he said………………………………………..Full Article: Source


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