07.03.2013 - More funds investing in property markets: CBRE
There will be a rise in funds going into direct property markets globally, said officials from CBRE Group, one of the world's largest real estate services firms. This stems from increased allocation by sovereign wealth funds (SWFs), deregulations in regional countries' insurance industry, and the demand for yield diversification away from the home market. "In certain markets, we are going to see compression of yield due to the sheer weight of the capital moving into the markets," Greg Penn, CBRE's managing director, Capital Markets, Asia, said at a press conference to share the group's insights on cross-border fund activity for 2013...............................................Full Article: Source
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