RE asset opportunities arise as closed-ended funds sell up

A rash of closed-ended fund sales is helping to fuel a new boom in open-ended real estate funds as a range of assets come onto the market after being locked up for years. Many closed-ended funds, which were launched in the years immediately before the global financial crisis, are now reaching the end of their life. This now represents an opportunity for open-ended fundraising and has removed a key obstacle they have faced – a lack of available assets. China is looking particul…