21.06.2012 - Property funds raise EUR 6bln in May - Indirex
Property real estate funds raised $7.5 bn (just under EUR 6 bn) in global capital commitments in May, according to figures published by Indirex, an online community for non-listed real estate funds. Although 27 new fund-raising announcements were made, only 12 reported equity volumes raised. The majority of the commitments were in the US (55%), with the pan-global TIAA-CREF Global Agriculture Fund raising $2 bn to invest in agricultural land...............................................Full Article: Source
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