Business Services Industry

Distressed sellers attract asset tourists.

Australasian Business Intelligence, May, 2009

Byline: Nick Lenaghan and Ben Wilmot

May 20, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Growthpoint Properties and Sekisui House moved to capitalise on Australia's economic misfortune in May 2009 with the purchase of substantial landholdings. Sekisui's Australian president, Toru Abe, said the local residential market appeared to harbour strong growth potential, with the country's population remaining stable and the residential real estate sector undersupplied.

Publication Date: 21 May 2009

 
SEKISUI HOUSE LIMITED 
GROWTHPOINT PROPERTIES LIMITED 
PAYCE CONSOLIDATED LIMITED - ASX PAY 
ORCHARD INDUSTRIAL PROPERTY FUND - ASX OIF 
APN PROPERTY GROUP LIMITED - ASX APD 
BENDIGO AND ADELAIDE BANK LIMITED - ASX BEN 
PARKWAY GROUP...

            
        
    
    	    
                
                
	
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