PREI, acting on behalf of German institutional investors

March 20th, 2010 09:32am

PREI, acting on behalf of German institutional investors in its Asia realestate Fund I, has committed $50 million and so far participated in three investments in a mezzanine program managed by BHI, which will provide deal sourcing, acquisition and asset management services. The company provides advisory and realestate investment management services to Indian developers and institutional investors. (NYSE: PRU). In the long term, PREIâ??s research team estimated that Indiaâ??s realestate share should rise to more than 3 percent of global commercial realestate stock and more than 12 percent of the Asian stock [...]
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Entry Filed under: south-bay-real-estate