PropertyEU

Outflows prompt UBS to freeze German open-ended fund

By A staff reporter 2010-10-11T00:00:00

Swiss bank UBS said on Monday that it is halting redemptions from its UBS (D) 3 Sector Real Estate Europe property fund on the back of growing redemption demands from its investors. The vehicle, which had re-opened in October 2009 after over a one-year redemption freeze, will be suspended for ...

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