SUBSCRIBERS
New York's hotel growth causes pause in bond market
Published Tue, Jun 2, 2015 · 09:50 PM
New York
NEW YORK is experiencing an explosion in hotel construction.
While this is welcome news for visitors to Manhattan who should benefit from increased competition and lower prices, among bond investors and analysts the view is considerably less sanguine.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Abu Dhabi builder plans US$6.8 billion luxury housing project
JTC to sell hospitality project being built in Punggol Digital District
Mapletree Logistics Trust posts 2.5% drop in Q4 DPU; manager warns of further headwinds
Abu Dhabi developer Aldar posts 88% in Q1 leap
Without a game changer, Sentosa Cove condos will continue underperforming
Church to tackle US housing crisis