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German funds reopening earlier; investors seen returning

Posted on 25 June 2009

From Propertyeu.info: German open-ended funds (GOEFs) are set to turn the corner earlier than expected after imposing a mass lockdown on redemptions in October last year to stem outflows, according to property adviser CB Richard Ellis.
CBRE bases its claim on a number of ‘favourable developments’, including the early reopening of SEB’s ImmoInvest fund and strong inflows into the funds in April…….Full Article: Source


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