Investment managers seeking to raise over $1 bn in equity capital for 'large-cap' opportunistic real estate fund strategies virtually disappeared off the map in the first half of 2010, according to the latest research from Clerestory Capital. Only one large-cap fund was represented among the 31 new non-listed funds aiming to attract $12.6 bn (about EUR 9.4 bn) in this period.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
