I'm trying to find out which property developers are highly exposed to apartments particularly in Melbourne with the slowing of the property markets i strongly suspect we will some some profit downgrades and perhaps more ripe for some shorting.
Doe's anyone know of any company's highly exposed on apartment building who are also particularly leveraged on debt causing them to be reluctant to cancel any in-flight projects? or can point me in the right direction to find this information?
willing to share my final positions with those that help.
I recently saw a student apartment which could only fit a single bed and a desk with shower / tiny kitchen bench (no oven) sold for 175K this thing was about the same size of a prison cell surely that's not sustainable.
