Bloomberg.com, 3 Apr 2009, Katrina Nicholas
April 3 (Bloomberg) -- Real estate investment trusts in Singapore and Australia will be the first in Asia-Pacific to recover from the economic slowdown on their ability to secure funding from banks, according to a new survey.
Singapore has the region’s best environment for REITs in terms of property market growth and regulatory support, while South Korea, Vietnam and Indonesia have the worst conditions, Sydney-based Trust Company Ltd. said in the annual REIT survey it published today.
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