UBS to liquidate $6bn real estate fund - report

By A staff reporter 2009-12-17T00:00:00

Swiss bank UBS plans to dismantle a $6 bn (EUR 4 bn) real estate fund by selling property assets and returning the proceeds to the fund's investors. The Zurich-based lender believes the sale to be in the best interest of investors because it creates liquidity quickly, while preserving value, Dow ...

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