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Article: BRIEFING - ASIA REAL ESTATE - OCT 1, 2009.
- Article from:
- AsiaPulse News
- Article date:
- October 1, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on real estate for Oct 1, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
TYPHOON-DAMAGED REAL ESTATE TO DAMPEN MANILA PROPERTY MARKET
MANILA - The damage to real estates caused by Typhoon Ondoy in Metro Manila and nearby areas has had a dampening effect to some extent on investors in the property market in the affected areas.
Jaime Ysmael, senior vice-president and chief finance officer of Ayala Land Inc. (ALI), made this assessment on the impact of the flooding in those areas on the local property market.
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