From Propertyeu.info: UK unlisted pooled property funds (PPFs) raised £704 mln (EUR 788 mln) of new money in the third quarter of 2009. This was more than double the £320 mln raised in the second quarter and the highest level for two years, the Association of Real Estate Funds (Aref) said in its latest Investment Quarterly.
The report examines trends in the PPFs industry through data provided by 67 member funds, representing a net asset value of £21.5 bn…………..Full Article: Source
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