| From Europe-re.com: The 2010 INREV Management Fees and Terms Study has identified major differences in how fees are administered within non-listed real estate funds in Europe. The differences are predominantly driven by a fund’s investment approach and regional or sectoral focus.
The study has also found that fee levels reached their highest at the height of the market in 2007 and that less than a third of funds report total expense ratios (TER) to their clients..............................................Full Article: Source
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