19.03.2013 - IPD: Investment in German property: safe haven or following the herd?
In February, the IPD German Monthly Open Ended Property Fund Index OFIX, for M2/2013, reported that open-ended funds for German real estate substantially outperformed the market, with an annual return of 2.3% against -0.2% for funds with a European focus, and -1.0% for those with a global focus. Compared to February 2012, index volume decreased by 1.2 bln or 1.7%, primarily as a result of fund liquidations. 10 out of 22 OFIX funds have entered liquidation, and their fund volumes have decreased by 1.0 bln compared to last year...............................................Full Article: Source
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