| Sovereign wealth funds are set to become more influential real estate investors, according to research by Preqin. Research for the firm’s sovereign wealth fund review found that 84% of SWFs were below their target allocations to the asset class.
Preqin cited potential for “significant inflows into real estate” as SWFs invest more towards their strategic targets and seek more globally diversified portfolios. Andrew Moylan, Preqin’s head of real assets products, said: “Their large assets under management make SWFs increasingly important sources of capital for the real estate asset class.”..............................................Full Article: Source |