Private equity real estate closes banner Q2, Preqin reports

07/7/2013 | REIT.com

Some 33 closed-end private real estate funds raised $17.3 billion in the second quarter of 2013, more than double the previous quarter, according to Preqin. "The second quarter of 2013 has seen increasing momentum in the private equity real estate fundraising market, with the capital raised in the quarter increasing by 188 percent," according to Andrew Moylan, head of real assets products for Preqin.

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