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Real Estate Briefing - Categorized | Fund Profile, Market Moves more

M.Stanley freezes German real estate fund

Posted on 14 July 2009

From Reuters: Morgan Stanley froze its 1.7 billion euro ($2.4 billion) German open-ended property fund, P2 Value, for subscriptions on Monday, saying the value of properties held by the fund may need to be cut considerably.

The fund had been closed for redemptions since the end pf October 2008………Full Article: Source


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