| 15.12.2008 - SWFs to own 20% of global property by 2015 |
| From Arabianbusiness.com: Sovereign wealth funds (SWFs) will own up to 20 percent of global real estate by 2015, new data from property adviser CB Richard Ellis (CBRE) showed on Sunday. SWFs, the billion dollar state-backed investment vehicles which have bought major stakes in everything from investment banks to UK commercial property in the past few years, will increase their exposure to real estate from 4 to 7 percent over the next seven years, CBRE said..... Full Article: Source |