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- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
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- Property Debt Breakfast
20 June 2012
London
German open RE funds to press to separate retail, institutional
The German open-end property fund community is to lobby the government to change legislation to provide a structure for a split in fund vehicles between those suitable for private retail investors and those targeted at institutions. Sources at the CIMMIT property conference told PIE that after the three-month closure of a dozen funds in October and the re-opening, until now, of only one of them, it is clear that the different priorities of individual investors need to be addressed. SEB Asset Management MD Barbara Knoflach said: "This is something we definitely have to look into, regarding risk management in any case, so this may be a way forward for the open-ended real estate fund community."