Latin Private Real Estate Market Set To Boom: Report

Law360, New York (August 8, 2013, 1:30 PM EDT) -- Private equity firms are increasing their focus on the Latin American real estate market, with firms targeting an aggregate $3.8 billion in capital for funds currently in market as both investors and fund managers see more opportunities in the region, industry consultant Preqin Ltd. said Thursday.

The Preqin report found that fundraising this year is likely to surpass 2012 levels. A record number of real estate private equity funds are raising capital for Latin America-focused funds from a global institutional investor base.

Brazil remains the most...
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