30.01.2009 - Slovakia: Special real estate funds with special profits
From Etrend.sk: Among the small number of funds which were profitable last year, there are three special real estate funds. And their earnings were not small. When everything falls, profits of 8 to 10% are considered high. Real estate funds abroad were having problems, so why not these? The Slovak funds‘ revenues are mostly coming from property leasing and that is why they are relatively stable compared to cash revenues from the growth of property values. But despite the interesting gains investors are not eager to do anything with these funds. The outcome of special real estate funds differ in accordance to strategies..... Full Article: Source
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