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Falling property prices sees European funds’ lives extended

Posted on 09 October 2008

From Property Week: Fund managers are opting to extend the lives of their European non-listed property funds rather than sell assets into a falling market, a survey by the European Association for Investors in Non-listed Real Estate Vehicles (INREV) has shown.

Of the funds due to terminate between 2008 and 2010, 29% are planning to liquidate compared with 52% in 2007, INREV’s Fund Termination study for 2008 said. In comparison, 59% of fund managers are planning to continue the life of their funds….. Full Article: Source


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