That’s according to the annual survey by Pensions & Investments, which shows a 20 per cent rise in the value of assets held by 93 managers with a total value of U$1.2 trillion, the highest dollar value since the $1 trillion achieved in 2008.
Office/commercial makes up the largest proportion of the investments at 33.9 per cent while multi-family housing is second at 22.5 per cent. The figures are for the year to June 30, 2015.
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The global property assets of the largest real estate money managers have returned to growth levels last seen in 2006.