The Financial Times has reported that the "next generation" of real estate funds is being prepared by institutions and private equity groups, claiming that more than E4bn (£3.51bn) of new equity is waiting to be unleashed in the form of new European property funds.
It's easy to see why the market's so gung-ho. The gap between government bond yields and property yields continues to widen, making property pricing look attractive by comparison, even though it is expensive by historic standards. However, the two biggest challenges – how to buy into the sector, and where to find value – are common to investors of all sizes.
