PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Credit Suisse fund becomes 3rd Berlin proposals' casualty
The German open-end real estate funds management unit of Credit Suisse has closed its CS Euroreal fund to redemptions after a run on capital following publication of legislative proposals by the federal government. CS Euroreal becomes the third to close in the aftermath of the proposals which include a 10% across the board depreciation of all property assets held in OEPFs, currently valued at some e90bn. (See upcoming PIE Editions for full story)