New Development Financing & Industry Growth
An article in today’s FT serves notice to US and European REITs: start diversifying into Asian assets. Says the article, “There’s no shortage of capital in Asia…There are investment funds that have raised money and haven’t spent it yet.”
Simultaneously, a new report from PriceWaterhouseCoopers indicates the US’ tech growth, sustained primarily by online advertising and giants like Microhoo Time Warner, NBC, and Google, will grow at a slower rate than emerging markets like India and China. It also foreshadows the growing presence of mobile media.
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