Sizing the opportunity

The industry is preparing itself for the opportunity of a lifetime. But will the opportunity be as big as everyone believes? By Zoe Hughes

Debt is the new equity and everyone wants a piece of the action. In the 12 months since the credit crisis gripped the global property markets, the number of dedicated private equity real estate vehicles targeting debt has jumped from just a handful to an estimated 80 in the US alone, according to one market participant.

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