| Bailey McCann, Opalesque New York: Private real estate fundraising improved slightly in the second half of 2011 but still remains significantly below 2007 levels according to new research from global research firm, Preqin. The report is the result of a survey of 180 institutional investors in private real estate funds.
In the report, Real Estate Investor Outlook 2012, Preqin cites investor caution surrounding broader market volatility as the chief cause for stubbornly low fundraising. Along with volatility, investors noted the slower rate of return from real estate investments as well as existing real estate investment commitments as reasons for staying on the sidelines...............................................Full Article: Source
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