PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
German Deka targets smaller acquisitions in 2011
Open-ended property funds will become purely private investor products in the future, with institutional investors concentrating on funds created for their own requirements, according to German savings banks' fund manager Deka. It posted net cash inflows into property funds of E1.6bn in 2010 and boosted AUM by the same net amount. This year it plans to spend less but target smaller acquisitions, Board Member Matthias Danne said.