Hope that this finance issue is cleared up quickly, gving time for the SP to rebuild momentum, and get some backbone to it.A few asset management firms call '08 a good year for retail property, with a change, or peak, in '09.On the ground over the last 3 months shows signs of 'retail euphoria' waning,and is expected to get worse as fiscal and financial tightening takes hold.Many companies like Harveys who specialise in 'buy now, pay later' types of retail may actually shine,as credit and cash is harder to find, but may suffer a harsher retracement in 2010-2011 when much of the buy now pay later starts to bite.Basically, if Centro is going to go,now is the time for it...
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