Institutional Real Estate Americas
December 2009: Vol. 21 No. 11Buy For $150.00 Add to Cart
A Year in Review: Investors Wait for the Dust to Settle in 2009
After a large earthquake there’s a span of time when everyone waits for the dust to settle. The survivors of such an event use the time in different ways. Some hunker down and worry about aftershocks; some will step back from the wreckage and begin to assess damages; some will wade through the rubble to see what can be salvaged. That was a little bit like the year real estate investors experienced in 2009.
Real Estate Investment Declines
Capital investment made to commercial real estate saw a second year of declines, according to Institutional Real Estate Inc.'s (IREI) database of publicly announced commitments.
Funds Target Infrastructure, Debt Managers Seek $65 Billion, Half of Last Year
The Institutional Real Estate Universe tracked the launch of 97 investment funds in the past 12 months, including five infrastructure funds — a new fund category for the Universe — compared with 145 new product offerings in 2008.
Investments on Hold: Market Uncertainty, Continued Repricing Limit Activity
Capital flows in the second quarter of 2009 dipped to a new low as investment managers focused on shoring up existing portfolio assets or decided to sit tight until property values adjust even lower.