CASHING IN: Asian Sovereign Fund Times RE Selloff
Institutional investors are hungry for real estate, especially in global gateway cities. Low cap rates and lofty valuations are becoming irrelevant in the eyes of some sovereign investors and pensions that are viewing core real estate as a store of value rather than a yield generator. Pensions and wealth funds are going both direct and through commingled funds. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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