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German Open-End Real Estate Funds

In: Understanding German Real Estate Markets

Author

Listed:
  • Steffen Sebastian

    (University of Regensburg)

  • Till Strohsal

    (Institute for Statistics and Econometrics)

Abstract

This chapter discusses German Open-End Real Estate Funds (OEREFs). We discuss essential aspects of the institutional design and legal environment including the 2011 law reform of the German Investment Companies Act (InvG). Historical performance, size and portfolio composition are characterized. Finally, this chapter reviews prominent approaches to explain the success of OEREFs in Germany.

Suggested Citation

  • Steffen Sebastian & Till Strohsal, 2012. "German Open-End Real Estate Funds," Management for Professionals, in: Tobias Just & Wolfgang Maennig (ed.), Understanding German Real Estate Markets, edition 127, pages 301-313, Springer.
  • Handle: RePEc:spr:mgmchp:978-3-642-23611-2_20
    DOI: 10.1007/978-3-642-23611-2_20
    as

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