| 16.10.2008 - German funds more cautious but still in market |
| From FT: German funds may have stepped back from some deals of late but they are not going to stop buying in London, or elsewhere, any time soon, according to experts. With cash of more than €20bn (£15.5bn) on hand – fruits of the real estate focus of Germany’s legions of retail savers – these open-ended property funds are some of the most equity-rich in a market where leverage has all but disappeared..... Full Article: Source |