Figures show institutional investors are still shy about private real estate

08/30/2010 |

Preqin's latest report on private real estate investment inflows shows investors are still leery of the assets. For the second quarter, the 20 funds tracked by the firm raised $7.3 billion -- the lowest level since 2004. "For some investors, the fact that they have so many unfunded commitments and very limited levels of capital being returned to them in the form of distributions has caused many of them to halt new investments as they need to do little to maintain current allocations," says Andrew Moylan, manager of real estate data for Preqin.

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