24.10.2008 - Real estate private equity raised $31bn in Q3
From Penews.com: Fundraising for real estate withstood the downturn better than other private equity categories in the third quarter, but smaller funds struggled to find investors who prefer larger, better-established funds. Thirty-two real estate funds closed in the third quarter, raising $30.8bn, the third best quarter on record, according to a report from UK data provider Preqin.Only the second quarter of this year, when real estate funds raised $32.4bn (€25.2bn), and the second quarter of last year, when they raised $36.2m, were higher..... Full Article: Source
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