Wednesday, July 6, 2011

Japan's Builder in Australia(Sydney)

Snapshot Summary
------------------------
. Global crossroads.
. US & Japan's corporates seeks life outside their declining markets.
. Sekisui, Japan's largest home builder teams up with Singapore based Fraser
. In a 50-50 venture
. Into Sydney's mixed development. Commercial & residential.
. Citing fundamental reasons such as growing population & growing economy
. Which is dependent on China & specifically the mining industry.
. Says also there is a lack of quality housing in Australia.


http://www.reuters.com/article/2011/07/07/australia-sekisui-idUSL3E7I709N20110707

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