Published On Feb 29, 2024
Commercial property developers are selling assets to pay down debilitating debt as it gets more expensive to service. Why some are now seeking offshore funding instead.
Videography / Editing | Carson Bluck | Cameron Pitney
00:00 - Intro
00:53 - Developer's debt bills
02:09 - Interview with Precinct Properties CEO Scott Pritchard
04:01 - Interest costs
05:17 - Valuations down
05:53 - Debt mix
07:04 - Offshore investment
10:24 - Residential plans
11:02 - Impact on income
12:08 - Lease occupancy
15:10 - Tourism comeback
15:49 - Outro
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