Global funds post healthy returns

Global real estate funds have returned more than $100bn (£80bn) to investors every year since 2013, Preqin’s latest Global Real Estate Report shows. Fund managers distributed $128bn in the first half of 2016 alone after returning a record $212bn in 2015. More than $600bn has been returned to investors since 2013. Total assets under management peaked at $808bn at the end of 2015 and fell to $795bn by June 2016. The study also showed a record high 525 private real estate funds in the market as of January 2017, targeting $177bn. Some $108bn