In April, I attended the annual INREV conference in Berlin — for those of you who don’t know about INREV, it is the European trade association for nonlisted real estate vehicles, i.e. pooled funds, joint ventures and club deals. The event attracts a wide range of real estate professionals, from the largest global real estate managers and investors to smaller local and domestic players. And what does that have to do with infrastructure, you ask?
From the Current Issue
This article will discuss the role of pensions, insurance companies, sovereign wealth funds and other institutional investors in infrastructure investment. Institutional investment in infrastructure has become a much discussed topic in recent years.
Watching the progress of P3 (public-private partnerships) infrastructure deals is like watching the race between the tortoise and the hare and focusing on the tortoise: There is forward motion, but it is really slow.