The Fed is (allegedly) planning to rise the rates as the US economy is firing on all cylinders. Recovery there seems to be on track. If the rates go up, a lot of liquidity that has been poured into Asia is likely to be pulled out. So there is a likelihood of rebalance or much slower growth in China and South East Asia. So. What’s the plan for next 1-2 years?
I don't really know, but I know that cash in offsets provides me with a buffer if things hit the fan, also allows to move quickly if a different position if the opportunity arises
Financing in US to fund purchase of more US properties Deleveraged Just sit back and watch the markets in Oz for any development opportunities. MTR