AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Infrastructure assets bubble could burst, warns agency.

Europe Intelligence Wire

| December 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Lloyds List)

Byline: Scramble for such prizes as ports revives echoes of dotcom era, writes Tony Gray

The scramble for infrastructure assets, such as ports, is creating a pricing bubble of dotcom proportions, a leading credit rating agency has warned.

Standard ' Poor's argues that investors could face being exposed to 'over-priced and over-leveraged assets'.

This year has witnessed more than $145bn of merger and acquisition activity in the infrastructure sector, a 'stunning' 180% increase since 2000.

'There are no signs that 2007 will be different,' the agency says.

The recent 'breathtaking' rise of global infrastructure funds, Standard ' Poor's explains, has left banks, private equity groups and investment managers struggling to buy suitable assets in the sector.

Related articles from newspapers, magazines, journals, and more
Rating Agencies: S&P Warns of 'Asset Bubble' in Global Infrastructure Sector.
Magazine article from: The Bond Buyer Sanchez, Humberto December 1, 2006 700+ words
...rampant demand, the infrastructure sector is in danger of suffering...be undertaken in the infrastructure sector to prevent similar mistakes...suitable assets in the infrastructure sector," the report said...stable yield returns. "Infrastructure assets have also ...
Greenhill Expands Advisory Focus on the Infrastructure Sector.
Press release article from: PR Newswire May 11, 2009 700+ words
...s advisory team for the Infrastructure sector in Europe. In addition...Principal, also focused on the Infrastructure sector. Mr. Jagannathan, 44...consider the monetization of infrastructure assets. An independent firm like...
Roseman builds future at Macquarie: as uncertainty continues to plague the...
Magazine article from: Australian Banking & Finance Jones, Sarah August 15, 2003 700+ words
...investor appetite, we are finding infrastructure assets are even more sort after than they...transactions that have gone on in the infrastructure sector, including the airports, toll...and the Cross City Tunnel. "The infrastructure sector is something that not only the...
Economic value of infrastructure assets remains strong: Fitch.
News wire article from: PTI - The Press Trust of India Ltd. April 19, 2009 700+ words
Economic value of infrastructure assets remains strong: Fitch New Delhi, Apr 19 (PTI...overruns can result in selective downgrades, it said. "Infrastructure sector is resilient but not immune to the financial crisis and...
United Arab Emirates (UAE) Infrastructure Sector Overview Report Gives a...
News wire article from: M2 Presswire May 18, 2009 700+ words
...United Arab Emirates (UAE) Infrastructure Sector Overview Report Gives a Detailed...United Arab Emirates (UAE) Infrastructure Sector Overview" report to their offering...United Arab Emirates (UAE) Infrastructure Sector Overview has been compiled in order...
Infrastructure sector emerges highest job creator: Assocham.
News wire article from: PTI - The Press Trust of India Ltd. August 20, 2008 700+ words
Infrastructure sector emerges highest job creator...huge investements, India's infrastructure sector has emerged as the top employment...506 job openings in the infrastructure sector, with Mumbai alone creating...
Infrastructure sector grew by 6.7 pc in Apr.
News wire article from: PTI - The Press Trust of India Ltd. May 30, 2006 700+ words
Infrastructure sector grew by 6.7 pc in Apr New Delhi, May 30 (PTI) Infrastructure sector grew by 6.7 per cent during April...the same month previous fiscal. The infrastructure sector had grown by 5.0 per cent in 2005...
Infrastructure sector growth slips to 3.5 per cent in May.
News wire article from: PTI - The Press Trust of India Ltd. July 9, 2008 700+ words
Infrastructure sector growth slips to 3.5 per...year. "The slowdown in the infrastructure sector would have adverse impact...respectively. Analysts said the infrastructure sector growth has slowed down partly...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA