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Real Estate Briefing - Categorized | Fund Profile, Performance more

German property at turning point, says top manager

Posted on 30 August 2012

Following a series of liquidations and increased regulation, German property funds can now expect a revival driven by new demand from institutional investors, said Ulrich Steinmetz, managing director at Deutsche Bank’s property group RREEF.
The most recent casualty in a series of property fund liquidations is the HANSAimmobilia fund which announced its liquidation last week citing increased regulatory risks, investor outflows and a worsening image of the asset class. The fund had seen its assets half over four years to €268 million………………………………………..Full Article: Source


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