Germany
German Investors Turning to Local Fund Investments for Exposure to Property Market
Jun 2, 2008

Cross-border investment in German real estate is pushing German pension fund investors to abandon bricks and mortar for unlisted funds, according to INREV, the European Association for Investors in Non-listed Real Estate Vehicles.

In an interview with IPE Real Estate, Lisette van Doorn, chief executive, said: "Investors have been showing interest in the German market, which means German investors can get good value by selling their domestic direct holdings. German investors, like other investors, invested indirectly to build up their portfolios outside the country. Now they've built up indirect experience, they're using it in their domestic market."

Source: IPE Real Estate