German open-ended funds

Magali Marton - Cushman & Wakefield

Magali Marton

German open-ended funds(GOEFs) sold €1.7bn of commercial property assets in the first half of 2015 at an average discount of -4% over book value, according to research released by Cushman & Wakefield. This follows a record volume of sales of... Read more


Nigel Almond - DTZ


German open-ended funds (GOEFs) sold €3.3bn of commercial property assets in 2014 at a record discount of -20% against book value, according to research by property adviser DTZ, which has been tracking sales since the sector was hit by massive... Read more


Investment Europe

© Jürgen Fälchle -

While overseas funds line up in serried ranks to scrutinise investment opportunities across Europe, with no apparent shortage of wherewithal, the German open-ended funds that are in the process of winding themselves up carry on day to day trying... Read more


Numbers and figures

© Dreaming Andy -

A recent analysis by Berlin-based rating agency Scope of the German open-ended funds currently in liquidation highlights the extent of the losses being faced by investors in those funds, with the prospect of even steeper downward revaluation of... Read more


German logistics real estate

© Tiberius Gracchus -

Several reports coming in from the various property brokerage groups seem to underscore that the logistics real estate sector in Germany is enjoying a boom, with this year’s transaction volume already ahead of all of last year’s, and practically... Read more


Commerzbank Zentrale

Commerzbank AG

Commerzbank’s desperate race to dump all unnecessary ballast overboard has provided France’s BNP Paribas Securities Services with an entry into Germany’s open-ended real estate funds market, and an opportunity to expand its own mutual fund... Read more


Sizeable losses for liquidating funds

© Qyzz -

New investments into the German open-ended funds sector are now offsetting the liquidation effect of the funds forced into liquidation, and are generating solid returns for investors of between 2% and 3% for investors, the latest figures from the... Read more



© styleuneed -

REFIRE knows only too well that it has never been easy to get German investors to allocate part or any of their resources into stock market-listed property shares... Read more




A new report published by property services group DTZ claims that German open-ended funds (GOEFs) will be forced to sell European assets worth €18.4bn before 2017 as they dispose of mainly commercial real estate. Read more