18.04.2013 - Investors commit $6.5 bln to property funds in March
Real estate funds announced $6.5 bn (4.7 bn) of capital commitments globally during March, according to online fund community Indirex. Globally, 54 announcements were reported in March, with 37 of these involving new equity commitments. North America attracted over half of the cash with Europe taking 16% and Asia 12%. In Europe, 11 announcements were made with four pertaining to capital commitments. The largest was the $500 mln first closing of La Banque Postale Asset Managements' Infrastructure Debt fund.........................................Full Article: Source
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