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. 本站免费提供《巴克莱资本-中国房地产分析_英文版2012-06-14》下载，我们己经对《巴克莱资本-中国房地产分析_英文版2012-06-14》进行全面的整理检查，以保证您安全的下载《巴克莱资本-中国房地产分析_英文版2012-06-14》，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，为下次能方便快速的找到本站，记得收藏我们的网址（http://www.tmgc8.com）哦！