With the financial wounds many institutions are receiving right now, lending has reached an all time low. Many are therefore cashing in on existing assets to get some cash flow happening for refinancing purposes.
Property giant Savills has recently closed a massive deal in which they sold the Trade Square building in Hong Kong for an estimated US$200 million to get funds flowing again.
Asia is especially favoured right now by investors, since the market pressures those with huge mortgages to sell. Investors with plenty of cash flow can sit back quietly and wait for the housing prices to drop before they buy up big. This is especially true for American funds that are tied up in countries like Australia, Japan, Hong Kong and China.




