26.03.2009 - SWFs eye commerical real estate
From Property-report.com: Sovereign wealth funds could invest as much as US$725 billion in global commercial real estate by 2015, according to a new report published by property consultant CB Richard Ellis (CBRE). CB Richard Ellis’ research suggests commercial real estate could account for seven percent of total SWF assets within seven years. With nearly US$4 trillion of total assets currently under sovereign wealth fund (SWF) control, a 7 percent allocation would bring total worldwide commercial real estate investments to US$280 billion, the report estimates......Full Article: Source
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