Market Uncertainty

Property firms wary of acquisitions amid market uncertainty

Even as property prices come off their peaks, sector participants are keeping cautious, with Macquarie MEAG Prime Reit's manager becoming the latest to say it will hold off making acquisitions for now. The uncertain mood brought on by turbulence and volatility in financial markets is curbing enthusiasm for property around the world. "We have been shy of making acquisitions at the wrong price. So far, we...

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