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28 May 2012

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Solvency II to hit property funds harder than listed - EPRA seminar

Listed real estate companies should issue bonds to raise debt financing if Solvency II creates problems for insurance investors, a Paris seminar by listed property association EPRA heard yesterday. Company heads said non-listed property funds may be the main loser from new regulations, while listed firms should benefit; listed firms are also likely to enter joint ventures with insurers on development as an alternative to equity stakes.

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