23.06.2011 - Asia's property IPO market may slow: HSBC
Asia's property IPO market may slow down for the rest of the year as governments move in to cool property prices and equity markets turn sluggish, a senior executive at HSBC said. "I don't expect a lot of straight equity to be raised by developers for the remainder of this year if valuations stay where they are," Jason Kern, managing director and head of real estate and lodging advisory for Asia-Pacific at HSBC, told the Reuters Real Estate and Infrastructure Summit in Singapore..............................................Full Article: Source
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