Aberdeen Immobilien Germn fund business has announced it is paying out EUR 156.5 mln to investors in its Degi International fund which is being wound down. The payout represents around 10% of the fund's net asset value.
Aberdeen Immobilien Germn fund business has announced it is paying out EUR 156.5 mln to investors in its Degi International fund which is being wound down. The payout represents around 10% of the fund's net asset value.
The 70,000 or so investors in the open-end real estate fund, which is currently in regular liquidation, are set to receive EUR 4.350 for each Degi International unit for the financial year ended on 31 December 2011.
The payout will be completely tax free for both private and institutional investors. The next payment to investors is scheduled for October 2012.
