INTREAL Survey: 40 percent of Fund Partners want to take profits and sell properties
24. Oct 2018
More and more fund providers want to take profits, reveals a survey by INTREAL, Germany’s leading third-party real estate AIFM, of its fund partners. It found that 40 percent of those surveyed believe that now is a good time to take profits and are planning sales. However, only around a quarter of the fund providers are planning to liquidate funds completely.
Michael Schneider, Managing Director of INTREAL, explains: “Our survey shows that only a quarter of our fund partners are planning to liquidate entire funds. These cases relate mostly to older funds that have reached the end of their planned duration. In contrast, 40 percent of the fond partners want to sell individual properties in a targeted manner. This discrepancy shows that selling is not necessarily the same as fund liquidation. Most of the sale proceeds are to be reinvested – in properties.”
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