17.02.2012 - Global unlisted secondary real estate fund market to ht $7 bln in 2012
Based on key investors’ confirmed divestment and investment intentions, Jones Lang LaSalle Corporate Finance (JLLCF) estimates that the global transaction market for secondary real estate funds is set to grow by up to 30% in 2012 as institutional investors are increasingly considering the secondary market as a viable exit route. In 2011, $5.5 billion of secondary market real estate opportunities transacted globally, out of a total of $14 billion of offered product. This was an increase of 55% compared to $3.5 billion of transacted volumes in 2010. Over 30% of transactions in 2011 took place in the UK...............................................Full Article: Source
Print