You are here

Top Australian developer to double debt

Meriton wants to harness record low interest rates for land acquisitions
Friday, February 14, 2014 - 06:00

[SYDNEY] Meriton Pty, Australia's biggest apartment developer, plans to double its debt this year from about A$300 million (S$340.8 million) to buy land amid record low interest rates and soaring demand for apartments. "I've now a lot more empty land available, and the land goes up; it's a very

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom