15.07.2009 - German investors return home for safety
From IPE: Interest in domestic residential property funds is rising among German institutional investors, according to German real estate fund manager Patrizia Immobilien. “There is a rethink happening in the market compared to 2006 when German investors mostly sold off their domestic residential property holdings,” explained Klaus Schmitt, chief operating officer at Patrizia, which has €2.5bn in assets under management.......Full Article (Subscription Required) : Source