In 2003 there were just 14 equity issues from the real estate sector, raising €787 million. The value of deals more than quadrupled in 2004 to €3.4 billion through 37 deals, and then almost tripled in 2005 to reach €9.3 billion, through 89 deals.
Already this year 11 deals have raised €1.1 billion and bankers say the pipeline is much fuller than it was this time last year. “We expect to see an even greater volume of deals in 2006,” says David...
