| 30.04.2009 - Listed property market plunges further than expected |
| From Moneymanagement.com.au: The global listed property market has fallen further than expected in nearly every region in the current market turmoil, even after taking into account declining earnings and rising capitalisation, according to ING Clarion Real Estate Securities’ valuation models. The fall has led to global real estate investment trusts (REITs) trading at a 20 per cent discount to net asset value, according to the report.......Full Article: Source |