17.07.2009 - Industry bodies hit out EU regulatory directive on property funds
From Propertyweek.com: Two leading property industry bodies have hit out at a European Union regulatory directive which could hamper UK property fund managers. The Association of Real Estate Funds (AREF) and the Property Industry Alliance (PIA) have both written letters to the Treasury and the Financial Services Authority (FSA) respectively, outlining concerns about the impact of the directive on Alternative Investment Fund Managers..........Full Article: Source