Reference this FT article: Goldman real estate fund down to $30m (they lost $1.76 billion, yes, that's a very big percentage loss). These funds did very well during the boom, but when the obvious bust came (and I blogged about it in full detail, ..... United States, 66.9%, United States. Netherlands, 7.1%, Netherlands. Canada, 6.5%, Canada. United Kingdom, 5.8%, United Kingdom. Australia, 2.3%, Australia. Germany, 1.4%, Germany. Italy, 0.9%, Italy. Belgium, 0.8%, Belgium ...

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