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Article: Private Equity Real Estate Funds Near Record $55 Billion in 2006.
- Article from:
- PR Newswire
- Article date:
- November 27, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to Private Equity Real Estate magazine, the supersized war chest points to the continued influence of private equity firms on real estate investment around the world.
NEW YORK, Nov. 27 /PRNewswire/ -- According to data compiled by Private Equity Real Estate, a leading magazine covering the global real estate industry, private equity real estate funds will raise approximately $55 billion in 2006, far surpassing the $37 billion raised in 2005.
The record amount of equity raised, along with favorable debt markets, is fueling much of the recent activity in the US public real estate markets, including the recent $36 billion acquisition of Equity ...