27.05.2011 - French pension funds take dim view of domestic property market
French pension funds have shifted away from the local real estate market in recent years, seeing too many management constraints linked to the asset class and a relatively poor return on investment. In spite of a recent study published by real estate analyst Investment Property Databank (IPD) showing that the French real estate sector was one of the most dynamic in Europe, with a return on investment of almost 10% in 2010, several French pension funds have been reluctant to invest in the market..............................................Full Article: Source
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