PropertyEU

KanAm US-grundinvest fund pays out first $250 mln

By A staff reporter 2010-12-15T00:00:00

German fund manager KanAm has, as announced in September, paid out the first tranche of $250 mln (EUR 186 mln) to unit holders in its US-grundinvest fund which is in the process of being liquidated. Following the payment, the fund is worth around $253 mln.

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