Sector Performance: We have noticed apparent weakness in Q1 2019 results of most real estate companies, which suggests a setback in the underlying drivers, but that is only one part of the picture. Even though most developers faced challenges selling during the first quarter, blame should not entirely be pointed at sector dynamics. Told by each company individually, the other side of the story would be presented, as explanations for the drawback may be company-specific as much as they are sectoral. Below, we highlight the corporate side of the story.
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