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
German property funds look to legal reform to combat disarray
The E87bn German open-end property fund community is badly in disarray, highlighted by recent accusations of a spillover re-closure, but sector specialists hope legislative reform to separate private from institutional investors will go a long way toward solving the problems.
BVI Director General Stefan Seip told PIE that Berlin has already signalled approval of legislative changes. (See PIE 156 for full story)