Global Real Estate

Fundraising cut in half from 4th quarter of 2011 to 2nd quarter of 2012.

Companies, investors face uncertain economy.

Observers see trend as evidence of sophistication in emerging markets.

Created new joint global real estate role.

Hines Global REIT acquires logistics facilities as part of worldwide expansion.

Data indicate stiff competition for capital.

Tourism and population growth driving demand.

U.S. Equity REITs up 8.28 percent, raise record-breaking capital.