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Financing will be Asia's single biggest issue in 2009, says ULI
Date: 8 December 2008
Category: Market Watch
Industry experts expect Asia's day of reckoning is just around the corner, and anticipate falling asset prices, deteriorating debt markets, increasing bankruptcies, and plummeting transaction volumes as the financial crisis travels the globe, according to the Emerging Trends in Real Estate Asia Pacific 2009 report, released this week by the Urban Land Institute (ULI) and PricewaterhouseCoopers.
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PropertyEU newsletter, 8 December 2008
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