Enterprising approach for pub sector
WHEN DEUTSCHE BANK decided not to provide a liquidity injection to its $7.2 billion Grundbesitz Invest open-ended property fund to protect it from a revaluation at the end of 2005, something was clearly afoot in the world of German real estate finance. This kind of thing simply isn’t done – German sponsor banks have always stepped in to buffer these property funds. Deutsche, however, decided simply to offer compensation to investors that had bought in over the previous two years.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
