PropertyEU

Degi slashes expectations for G-REIT

By A staff reporter 2008-04-02T00:00:00

Degi has drastically reduced its forecast for the German real estate investment trust (G-REIT). Initially, it was considered reasonable that the tax-friendly vehicle introduced in 2007 would see market volumes of EUR 50-60bn. But in a new report, Degi- the German property investment fund manager owned by UK-listed Aberdeen Asset ...

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