SEB to keep ¤6.6bn German fund closed
29 April 2011, 05:39 PM
German open-ended property fund SEB ImmoInvest is to remain closed for another 12 months, says Frankfurt-based SEB Asset Management, but the aim is to build liquidity through asset sales under improving market conditions. “Our main goal remains the portfolio’s long-term value stability,” said SEB AM Chairperson Barbara Knoflach.
- SEB’s liquidating German ImmoInvest pays out ¤1.3bn
- SEB makes first German fund distribution of ¤1.2bn
- ¤35m Hamburg sale helps SEB fund prepare re-opening
- German SEB AM denies Qatari takeover of SEB Immoinvest open fund
- Sweden's SEB signs 400,000 leases, boosted by Germany
- SEB refinances ¤92m for ECE mall in Munich
- SEB targets German ImmoInvest re-opening with new liquidity
- SEB German fund seeks equity for ¤1.4bn Berlin asset
- Qatari Al Faisal buys Berlin Hyatt hotel from SEB
- Credit Suisse German fund to follow SEB re-open tactic
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