13.08.2010 - Lifting pension property ban 'would save Polish market'
From IPE: The polish government needs to "get a grip" on its real estate market by lifting the prohibition on pension funds investment, according to Ben Habib, CEO of First Property, the London-listed Polish property investor. "The big issue in Poland is the lack of a local market. The problem is that Polish pension funds can’t buy property – they can only buy bonds and equities. So there is no institutional market for property," he said..............................................Full Article: Source
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