Australian REITs are finding debt to be cheaper, more available

09/16/2010 | Bloomberg

Australian REITs are finding the debt environment much improved after a period of high-cost funding. A report by JPMorgan Chase finds debt is more available and far cheaper for Australian REITs. It is now priced at 220 basis points, down from 270 basis points in January and from 500 basis points at the height of the crisis.

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