PropertyEU

#MIPIM Discounts on sales by GOEFs in liquidation hit record levels

By Cormac Mac Ruairi 2015-03-10T00:00:00

German open-ended funds (GOEFs) sold €3.3 bn of commercial property assets in 2014 at a record discount of -20% against their book value, according to research released by DTZ on the first day of MIPIM.

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