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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.
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