PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Investors support property fund continuations despite liquidity issues
Nearly two-thirds of property funds due to terminate in the period 2009-2011 have the support of investors to continue beyond this date - 88% by extension and 12% by rollover, according to a new study by industry association INREV. The extending funds have the equivalent of e15.8bn in gross asset value under management. INREV's Fund Termination Study shows 59% deciding to extend. Although investors are also seeking liquidity, they see that challenging conditions in European real estate mean now is not the best time to sell assets.