Bloomberg.com, 17 Sep 2008, Chen Shiyin
Sept. 17 (Bloomberg) -- The collapse of Lehman Brothers Holdings Inc. may contribute to an easing of demand for prime office space in Singapore, where commercial rents are already peaking amid slowing economic growth, property consultants said.
The market turmoil that also this week forced the sale of Merrill Lynch & Co. to Bank of America Corp. and a bailout of American International Group Inc. will probably further slow expansion by international companies in Singapore, said analysts at DTZ Debenham Tie Leung and Cushman & Wakefield.
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