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US funds set to storm Euro market

Series: Estates Gazette ; (0122) 2 June 2001, 38(1)Publication details: 2001Subject(s): Summary: A huge increase in US investment in European property looks likely after Barton Briggs an influential US economist advised American funds to quadruple their worldwide real estate holdings. This advice was behind the news that $19.2bn of 'opportunity' funds was targeting Europe. Some investors such as the managing director of Pelham Partner's opportunity fund are more cautious about the prospect of any investment increase. With table of Opportunity funds in Europe.

A huge increase in US investment in European property looks likely after Barton Briggs an influential US economist advised American funds to quadruple their worldwide real estate holdings. This advice was behind the news that $19.2bn of 'opportunity' funds was targeting Europe. Some investors such as the managing director of Pelham Partner's opportunity fund are more cautious about the prospect of any investment increase. With table of Opportunity funds in Europe.