Property deal makers in limbo
Australian property groups with Japanese assets have remained largely unaffected by the devastating earthquake and tsunami events, but power and food shortages as well as erratic public transport services are delaying business deals.
Australian property groups with Japanese interests have been enduring some delays in business deals due to power, food and public transport disruptions, although their assets have escaped significant damage.
“It’s not business as usual in Tokyo," Galileo Japan Property chief operating officer Peter Murphy said .
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