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Dick Groves, a retail consultant based in Hong Kong, said the failure of the New South China Mall was down to inexperience in leasing business and an undisciplined financial system.
'When it's easy to get financing without having to convince someone of the project's feasability, and without having to show pre-leasing commitment, you can start to get into trouble,' he told The National.
- Ethan Allen and...
- tyler durden
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Fox Host: I wasn’t aware sickness among Navy sailors was so widespread after Fukushima; Experts say dangerous radioactive releases to air and ocean — Tepco didn’t give U.S. radiation data for 3 to 4 days (VIDEOS)Sasaki
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