PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
Aberdeen's German open property fund depreciation sparks Pramerica re-closure
The sudden 22% portfolio depreciation of German property fund DEGI Global by its manager Aberdeen has thrown shockwaves into the German open-end real estate fund community, sparking a further general run by investors that this week obliged Prame¬rica to re-close its TMW Weltfonds vehicle just two months after re-opening for capital redemptions. (See upcoming PIE editions for full story)