Institutional Real Estate Newsline
June 27, 2011: Vol. 19, Number 26Buy For $65.00 Add to Cart
Henderson Launches Second Austrian Fund
Warburg-Henderson, Henderson Global Investors’ Hamburg-based joint venture partnership, has launched its second Austrian property fund, Warburg-Henderson Osterreich Fonds Nr. 2, with a target amount of €300 million ($432 million).
Investors Aggressively Pursuing Deals
Despite recent disappointing labor reports and falling home prices, commercial real estate investors continue to look to the positive aspects of the industry as they remain cautiously optimistic that the recovery path will continue, according to the second quarter PwC Real Estate Investor Survey.
National Vacancy Rate Plunges
The national vacancy rate plunged an unprecedented 180 basis points year-over-year to 6.2 percent in the first quarter of 2011, according to Marcus & Millichap’s report, The Apartment Outlook.