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Article: Back to Basics Approach Needed for Real Estate Companies to Emerge Stronger From the Economic Crisis
- Article from:
- U.S. Newswire
- Article date:
- March 24, 2009
CopyrightCopyright 2009 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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To: REAL ESTATE EDITORS
Contact: Andrew Neilly of Gallen Neilly & Associates, +1-925-930-
9848, andrew@gallen.com
NEW YORK, March 24 /PRNewswire/ -- It is no surprise that the
continuing economic uncertainty throughout world markets and the
lingering impact of a global credit crunch are seen as the greatest
risks faced by real estate companies.
In this time of great economic uncertainty and lack of liquidity,
many companies are proactively looking for ways to effectively
manage risk, streamline operations, and enhance their business
relationships so they can hit the ground running when markets begin
to stabilize, says Howard Roth, Global and Americas Real Estate
Leader, Ernst & Young.
The ...