Opportunistic funds

1st June 2007

The credit markets have caused a great deal of distress in the real estate market but one sector of the market has certainly thrived. A number of opportunistic funds have come to market and successfully raised new funds and Langham Hall is delighted to be working with 8 new and existing fund managers in this arena. These funds have a purchasing power in excess of ?10bn so we wish them well!

Rob Short commented "We are delighted to be working with such a prestigious group of managers. The co-founders' backgrounds (Whitehall and Hines) will hopefully benefit these clients and we look forward to working with them in 2008."