Where property will be hit
Article Abstract:
Australia's travel, urban residential and commercial office space markets are expected to be the industries hardest hit by the Asian financial crisis. More than A$3.2 billion in hotel and resort development may be delayed or abandoned, as are inner-city apartment complexes which are mostly underwritten by Asian companies. Commercial properties are expected to recover first.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1997
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Family ties launch a property career, built from the ground up
Article Abstract:
Dennis Lidis, an Australian real estate professional, built his business on market knowledge and sound financial practices. With a godfather that sold property for Aristotle Onassis, Lidis widened this market toehold with developments in Sydney. He also maintains a debt-free trust, a small group of external unit-holders and keeps a mix of income and development properties.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1998
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