Despite the vast sums required to develop edge cities and super blocks, including investment for the necessary macro infrastructure, large developers seem to have little difficulty in raising the necessary capital. As bank funding for large property projects dried up following the Asian financial crisis, developers learned to become adept at self-funding.
“To a large extent it was easy,” says Gordon Benton, senior executive and urban planner for Lippo Karawaci.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
