| 30.03.2009 - Spain's Inverseguros property fund suspends payments |
| From Reuters: Spanish property fund Segurfondo Inversion, owned by fund manager Inverseguros, said on Friday it plans to delay reimbursing subscribers for two years due to a lack of liquidity. In a statement to the stock market regulator CNMV Segurfondo Inversion said it had received reimbursement petitions to the tune of 585 million euros ($784.1 million), equivalent to 96.8 percent of the fund's total value.....Full Article: Source |