| From Financialpost.com: Private real estate funds are not popular among institutional investors. According to a new report by U.K.-based Prequin, only 24% of the 166 institutional investors surveyed committed to a private real estate fund in the first half of 2010, and only 42% are considering making a commitment over the next year despite the fact that 73% of investors are below their target allocation for the asset class.
That makes Canada Pension Plan Investment Board one of the few that still have faith in the asset class. Fundraising has been “particularly poor,” according to the report..............................................Full Article: Source
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