08.07.2009 - Real estate private equity fundraising plummets
From Reuters: Fund-raising by real estate private equity firms reached a 5-year low in the second quarter as investors remained worried about falling values, according to alternative asset research firm Preqin. Sixteen funds dedicated to real estate investment raised a total of $8.9 billion, the lowest quarterly total since the 2004 third quarter, when 22 private equity real estate funds raised $8 billion, the UK-based firm said in a report released on Tuesday..........Full Article: Source
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