| 28.11.2008 - German open-ended sector sees EUR 5 bln outflows in October |
| From Propertyeu.info: Investors withdrew almost EUR 5.1 bn from Germany's open-ended property funds in October, according to figures released on Wednesday by investment and asset management body BVI. This resulted in net inflows into the funds of only EUR 500 mln over the first 10 months of 2008. BVI attributed the latest outflows to withdrawals at end-October by large investors and asset managers which have had to reduce their property holdings..... Full Article: Source |