Lowering the bar
Capital-raising for funds is extremely difficult. That said, in the first half of 2009 a number of funds targeting European real estate opportunities closed. However, capital targets have had to be lowered amid investor uncertainty. Richard Lowe reports
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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