In the past few years
foreign land developers have put up hotels and recreational facilities on some cayes at an alarming rate.
Not exact matches
But as 3.3 million tourists a year bike, surf, hike and downward - dog their way through the scenic Indonesian island, more and more farmers are selling their
land to
foreign developers.
Buying a piece of
land, a condo or a home from a
foreign real estate
developer can feel like a tremendous leap of faith.
Some of the larger
foreign REIT positions in Chi's fund include Westfield Group, an Australia - based, shopping center
developer with extensive U.S. investments, which yields 4.3 percent, and
Land Securities Group Plc, which operates offices as well as shopping centers in the United Kingdom.