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The Moody's/REAL Commercial Property Price Index (CPPI) edged 1.0 percent in November 2009, the first increase in more than a year.
The 96 private equity real estate funds worldwide raised $40.6 billion last year, according to a report from Preqin, a firm that specializes in alternative asset investment research.
Edward H. Linde, co-founder and CEO of Boston Properties, has died as a result of complications from pneumonia, the company announced Jan. 10.
REITs saw a strong recovery and year-end performance in 2009. The FTSE/NAREIT All REITs Index increased 6.43 percent in December, bringing 2009 total returns to 27.45 percent.
Forest products purveyor Weyerhaeuser Company announced Dec. 15 that it intends to elect REIT status.