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SEB ImmoInvest

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Savills Fund Management GmbH

Savills Investment Management has bought a retail centre in Germany and an office building in Luxembourg for a combined total of €75 million, on behalf of a southern German pension fund. The two assets were sold by German mutual fund SEB... Read more

Investment

Study 2015 - KanAm Grund REAM

KanAm Grund REAM

The Frankfurt-headquartered real estate fund manager KanAm Grund REAM has just published the third annual edition of its open-ended funds study, entitled "Liquidation of open-end real estate funds from the point of view of the investor", and it... Read more

Markets

Numbers and figures

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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

Markets

Sizeable losses for liquidating funds

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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

Investment

The great disposal drive by the 14 German open-ended property funds currently in liquidation continues apace, with Netherlands and Germany itself bearing the brunt of sales this year, according to property services group DTZ. The funds need to... Read more

Markets

Grand Hyatt Berlin

Hyatt Hotels

SEB Asset Management is going full steam ahead in selling off assets in its dissolving open-ended fund SEB ImmoInvest to generate liquidity to pay off shareholders. Earlier this month the group signed a purchase agreement worth around €420m with... Read more

Investment

DTZ

DTZ

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

Investment