| From Propertyeu.info: The fundraising environment remains extremely competitive for private equity real estate funds as the recovery many predicted is yet to occur, according to fund tracking firm Preqin.
The $7.3 bn (EUR 5.6 bn) raised by 20 private equity real estate funds in the second quarter of 2010 was the lowest amount of capital raised by the industry since the third quarter of 2004 when 30 funds raised an aggregate $6.1 bn, Preqin said..............................................Full Article: Source |