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- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
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- Property Debt Breakfast
20 June 2012
London
German property funds propose 12mth minimum holding
The response from German open-end funds to the highly disputed federal government proposals has not been long in coming. Ahead of a meeting in Berlin on 31 May, the German Investment Funds Association BVI made counter-proposals for a 12-month minimum investment period - instead of Berlin's proposed 24 months - and half-yearly valuations instead of yearly as at present. It made no mention of Berlin's most controversial idea, to impose a 10% valuation discount on all OEPF portfolios. (See upcoming PIE Editions for full story)