07.10.2008 - SWF property buying spree expected
From Propertywire.com: Sovereign Wealth Funds are expected to become one of the most significant investors in the world's commercial property markets, according to the latest analysis. They are expected to have a major impact potentially investing as much as $725 billion over the next seven years, according to a new global report from CB Richard Ellis. Although more than half of the SWFs are believed to already hold direct commercial real estate investments, allocations to the sector are expected to rise substantially with those based in the Middle East leading the way...... Full Article: Source