It’s funny how time changes things. American International Group, the embattled US insurance giant forced to accept $182.3 billion of Federal Reserve bailout funds in 2008 in order to escape total collapse, is again planning to be a player in the real estate investment game.
PERE has substantiated reports that, via its global real estate investment unit, AIG Global Real Estate, the one-time poster-boy of the credit crunch is gearing up to increase its exposure to the asset class.
