A slowdown in China’s economic growth could have serious implications for the housing market in Australia. Standard & Poor’s expects China to experience a soft landing in 2012, with forecast GDP growth of 8%. Based on this scenario, we expect the Australian economy to continue its moderate growth path and that the performance of the […]
Craig Parker is a director within the Corporate Ratings group.
Having been with Standard & Poor’s since 1994, Craig is the Joint
Global Real Estate Coordinator and is the Regional Leader for S&P’s
Asian REIT ratings. Craig maintains ratings surveillance on a portfolio
of companies in the engineering & construction, real estate, and
transport sectors in Australia.
Prior to joining Standard & Poor’s Craig worked for Australia and
New Zealand Banking Group, and Capel Court Investment Bank
covering a variety of sectors including infrastructure, natural resources,
and real estate.
Craig has a Bachelor of Arts (Honours) degree and a Bachelor of
Commerce degree from the University of Melbourne. He is also aFellow of Finsia.
Author Archives: Craig Parker
Asia-Pacific rated real estate investment trusts and real estate operating companies (collectively ‘REITs’) have toughened up in the aftermath of the global financial crisis. They have repaired their balance sheets, adopted more conservative financial profiles, and diversified their funding sources. However, contagion from Europe could unleash more anxiety to already jittery credit markets in Asia […]
Like many REITs elsewhere, Australian commercial property companies rated by Standard & Poor’s are emerging from the global financial and economic crises with stronger balance sheets and improved risk profiles. Over the past few years, the sector has dramatically reduced its debt appetite, undertaken sizable equity raisings, adopted more conservative distribution policies, and reverted to […]