German open-ended funds (GOEFs) have the firepower to invest as much as EUR 25 bn in the global commercial real estate market over the next two years, according to a new report by CB Richard Ellis. The international broker based the claim on the funds' high liquidity and projected cash inflows of EUR 7-8 bn in 2008.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
