News
2007-03-13
Great Britain | Commercial Property Europe
Great Britain: The end of 2006 brought to a close a three-year period of turbulence for open-ended real estate funds, as evidenced by the changes in investment volume. Rapid growth from EUR 50.4 billion in 2000 to EUR 85.1 billion in 2003 (+69%) was followed by a series of sharp declines to EUR 75.5 billion (-11%) by the end of 2006. Now the sector is growing again and everything could return to normal... were it not for the upcoming amendments to the German Investment Act, that is. The draft amendments were published on 18 January 2007 and contain numerous changes that relate in particular to open-ended real estate funds, based on a desire to draw lessons from the crisis. But what caused the crisis in the first place?
Related news
This news is from "(property-magazine.de)" published. On this page you only see an extract of the infomation. We would like to make it possible for you to recognise the relevance of the messages for your specific area of interest and, if needed, access the entire message on the respective vendor's page. In order to read the entire message directly from the source page, please click here: more...
Please note that this is a free service of Immopro24 and that we, as stated in our Terms and Conditions, take no responsibility for the content of the linked pages. Many thanks.

RSS-Feed
Publish your property news here

The REFIRE Intelligence Report brings you the inside story of German real estate finance - twice a month.
Find information and a free trial subscription!
Register with our Business-Guide here