16.10.2012 - Hot money heads for German real estate funds despite recent upsets
At first glance, trends in German real estate donít add up. As German property funds suffer a series of liquidations, house prices continue to drive relentlessly upwards causing mutterings of a property bubble in Europeís core economy. Yet the curse of German real estate funds refers to retrospective challenges, according to Ulrich Steinmetz, managing director at RREEF, Deutsche Bankís dedicated property group, and manager of its Grundbesitz Europa and Grundbesitz Global funds...............................................Full Article: Source
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