Global investors are betting on a substantial property boom despite warnings house prices in many countries are already overvalued.
According to a large study, sovereign wealth funds are seeking to boost returns by placing a larger proportion of their funds than last year in property, infrastructure projects and emerging markets.
More than half of respondents said they increased their property portfolios to benefit from a long-term rise in land and real estate values in developed and developing world markets.
The survey, by fund manager
Fifty-two funds worth more than
Among western nations, funds said
The findings come despite warnings from the IMF that the acceleration in global house prices from already high levels is now a threat to economic stability.
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