10.01.2012 - Cash-rich Asian SWFs buying up City, says Cushman & Wakefield
Asian sovereign wealth funds are leading investment in the City of London and Canary Wharf as capital dries up for big-ticket assets, according to Cushman & Wakefield. Head of City investment Bill Tyser told IP Real Estate that, since 2008, Asian sovereign wealth fund investors had acquired on average four properties annually in London's financial district, targeting what he described as "large, shiny, well-let, freehold, income-producing buildings" with price tags above 100m (120m)...........................................Full Article: Source
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