Chanticleer
The property hotspots attracting the world’s biggest investors
Higher for longer rates means the easy money is property is gone. It’s time for investors to roll up their sleeves.
The free ride in global property markets is over, says Richard Massey, managing director and head of real estate for Australia and New Zealand at Singaporean sovereign wealth fund, GIC.
“In the past, with low rates, all ships have risen with the tide. It’s been relatively easy to make money, just by being invested,” he told The Australian Financial Review Property Summit on Tuesday.
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