Private equity funds targeting distressed real estate have already raised more money this year than the last two put together, as they anticipate a property slump. Funds planning to invest in troubled property assets raised $8bn in the first quarter of 2019 alone, according to figures from the data provider Preqin. They raised less than $1bn last year and $3.3bn in 2017.
Private equity funds targeting distressed real estate have already raised more money this year than the last two put together, as they anticipate a property slump. Funds planning to invest in troubled property assets raised $8bn in the first quarter of 2019 alone, according to figures from the data provider Preqin. They raised less than $1bn last year and $3.3bn in 2017.
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