03.03.2010 - Australia: Property fund managers to continue M&A
From Moneymanagement.com.au: The Australian Direct Property Investment Association’s (ADPIA) most recent industry survey shows that almost 75 per cent of property fund managers are considering merger and acquisition activity over the next 12 months. “These findings very much reflect what we have seen in past 12 months, where the numbers of both property fund managers and products on offer have dropped by about 30 per cent,” said ADPIA president Robert Olde..............................................Full Article: Source
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