Where property will be hit

Article Abstract:

Australia's travel, urban residential and commercial office space markets are expected to be the industries hardest hit by the Asian financial crisis. More than A$3.2 billion in hotel and resort development may be delayed or abandoned, as are inner-city apartment complexes which are mostly underwritten by Asian companies. Commercial properties are expected to recover first.

Land Subdivision and Land Development, Travel Agents, Travel Agencies, Subdividers & Developers, Subdividers and Developers, Forecasts and trends, Cover Story, Travel industry, Economic development

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Family ties launch a property career, built from the ground up

Article Abstract:

Dennis Lidis, an Australian real estate professional, built his business on market knowledge and sound financial practices. With a godfather that sold property for Aristotle Onassis, Lidis widened this market toehold with developments in Sydney. He also maintains a debt-free trust, a small group of external unit-holders and keeps a mix of income and development properties.

Real Estate, Real Estate and Rental and Leasing, Management, Officials and employees, Lidis, Dennis

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