Even speculative investors are warming to the income stream that parking provides.
The bottom line: country funds are for speculative investors and people who want to fill the high-risk part of their portfolios.
To discourage speculative investors, each sale came with rigid controls on how the properties were to be redeveloped.
Meanwhile, speculative investors bought a considerable number of residential lots.
The $201-a-share bid came after speculative investors had accumulated large holdings of stock and demanded the company's sale.
As the economy recovers, real estate prices will continue to rise, weeding out the speculative investors, he said.
He added, "I think the more speculative investors were holding out for a 50-basis-point cut on both key rates."
Soon it began to take larger trading positions in the loans, selling them to speculative investors.
There is speculation that the drop in demand was due to the early inflated demand from speculative investors.
In some ways this passion for acquisition parallels that of the speculative investor.