Biding Time: It
Conventional wisdom says that, for all intents and purposes, European investors aren’t investing. According to a recently completed survey, it isn’t for lack of desire. On average, European investment schemes of all ilks have a 9.8 percent target for real estate investment, but only have 8.8 percent actually allocated. The investors in the survey would need to invest an additional €10 billion to reach their target allocations, which they’d like to do, if only they could find deals.
Sponsored by Institutional Real Estate, Inc (IREI), Kingsley Associates and Property Funds Research, the 2012 European Real Estate Investor Survey,conducted during the first quarter of 2012, captured responses from 37 Europe-based investors m