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German open-fund yields stabilise on low level – IPD

23 May 2011, 07:13 PM

German open-ended property funds’ performance stabilised in the first quarter compared to previous quarters, albeit at a low level, says Investment Property Databank, though funds with a 10-year-plus track record show a better performance than younger ones. The current yield level points to annual yields of about 2%, its latest OFIX-All performance index shows.