Real Estate Funds: Too Many Investors Want Out: DWS Must Sell Real Estate to Pay Shareholders
Because more and more investors are redeeming their shares in real estate funds, the Deutsche Bank subsidiary must increasingly bring properties onto the market. What shareholders can do now.
DWS, a subsidiary of Deutsche Bank, has announced plans to sell more properties from three open-ended real estate funds: Grundbesitz Europa, Grundbesitz Global, and Grundbesitz Fokus Deutschland. The funds currently hold properties worth around €10 billion and have a total asset value of €8.2 billion. Since the end of the low-interest-rate phase four years ago, the funds have sold buildings worth approximately €4.5 billion.
Market observers note that selling more properties may be challenging due to rising credit interest rates, which could deter potential buyers.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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