24.10.2008 - Demand seen for private equity property funds
From Reuters: Private equity real estate fundraising defied slumping property markets in the third quarter, consultancy Preqin said on Wednesday, as investors hoped for cheap property buying opportunities in coming years. Preqin, which produces data on private equity, hedge funds and other parts of the financial sector, said $30.8 billion (18.8 billion pounds) was raised in aggregate globally in the third quarter, down only slightly from $32.4 billion in the second quarter..... Full Article: Source
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