Volumes of secondary trades in UK and European unlisted funds continued to rise in 2012 according to screen-based trading platform PropertyMatch.
“The story is in the trend line,” said Paul Robinson, director of CBRE Real Estate Finance, which runs the platform with broker GFI.
Robinson expected volumes to be £700m by the end of the year, with around 75% in UK funds and 25% in continental ones.
By the end of November, the cumulative trading volume since launch in 2009 was £1.415bn.
- CBRE has hired six Jones Lang LaSalle Asia Pacific corporate finance staff. Nick Crockett in Singapore, John Wills in Sydney and four colleagues in Sydney and Hong Kong will focus on raising equity and debt capital.