China property PE tops $3 billion, India sinks

China private equity property funds have captured investor interest, raising $3 billion in 2011, while the appetite for India real estate significantly dampened, garnering just $700 million, according to a new report by data provider Preqin. China-focused funds comprise the lion’s share of the $4.1 billion raised for Asian emerging markets property PE vehicles last year, which Preqin classifies as those that primarily invest in the region’s markets outside of Japan and Australasia…