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Property Investor Europe News

Series-Sovereign Wealth in European Property - 1 Defining the universe

18 March 2013, 06:55 PM

Several sovereign wealth funds, mainly from the Mid East, have been active in European real estate for nearly a decade, focused mainly on London and Paris, the PIE Roundtable at MIPIM heard last week. But many newcomers with different approaches are spreading around Europe and some $10bn annually will flow in over the next five years, according to one forecast.