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
Commerz merges RE funds to improve liquidity management
Commerz Real, the fund manager of Germany's Commerzbank, is to merge its two open-ended real estate funds, hausInvest europa and hausInvest global, in reaction to shifting economic parameters and changing needs of investors - mainly to optimise liquidity and investment management in reaction to sector volatility. The merger will create Europe's largest open-ended real estate fund, with a volume of about E12bn. (See upcoming PIE Editions for full story)