PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Aberdeen's Degi sells London office for E77m to raise liquidity
Degi Europa, a German open-end property fund run by a unit of Aberdeen Property Investors, has sold its King William Street office in London to Scottish Widows SWIP Property Trust for some E77m to help the fund raise its liquidity ratio. The fund was closed to redemptions again recently and, like many German OEPFs, has been struggling with liquidity issues of most of the last 20 months. (See upcoming PIE Editions for full story)