| 02.11.2011 - Asia property funds not reliant on Europe banks-indus group |
| Most large Asian real estate funds and companies rely on European banks for only a small proportion of their borrowings and are hence not vulnerable to a pullback in lending resulting from turmoil in the euro zone, a regional real estate body said on Tuesday. The Asia Pacific Real Estate Association (APREA) said a recent survey of 100 members showed a significant majority have no European bank debt at all...............................................Full Article: Source |