08.12.2011 - Real estate funds face tough time in 2012: Preqin
With a record number of funds on the road, and a smaller proportion of investors keen to make new commitments, conditions are set to remain tough for real estate managers, Preqin said in a recent research report. There are currently 454 funds in market seeking a combined $159 bn (EUR 119 bn), up from 403 funds targeting $138 bn at the same time last year. The number of investors planning to invest, meanwhile, has declined from 45% to just over one-third, meaning that the fundraising market will be extremely competitive...............................................Full Article: Source
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