巴克莱资本-中国房地产分析_英文版2012-06-14

Without a return to property price appreciation via a significant policy reversal by the central government, developers’ over-investment in the inflationary boom period has left them facing sub-cost of capital returns due to falling development margins, low asset turns and highly leveraged balance sheets. To improve their return on capital - and the multiples on which their shares are valued – developers need to change their business models in our view. We believe this will not be easy in the near term. ，巴克莱资本-中国房地产分析_英文版2012-06-14的文件大小为146 KB，本站还有大量关于房地产市场研究方面的资源提供下载哦。为下次能方便快速的找到本站，记得收藏我们的网址（http://www.jianzhu518.com）哦！