Funds Shrinking to a healthy size bsi summit confirms re start Hotels and Serviced Apartments in demand
Magazin • 12.2.2015 • 8937
HI+

Funds: Shrinking to a healthy size

bsi summit confirms re-start - Hotels and Serviced Apartments in demand

Funds: Shrinking to a healthy size
12.2.2015

Frankfurt/M. Closed-ended funds are struggling. Last year, they managed to collect a paltry EUR 81 million from private investors in Germany. At one time, they managed EUR 13 billion per year. Following recent scandals and excessive commissions, the sector is now reinventing itself. The sector is now government-controlled like securities, has refined its profile and has a clear intention to focus fully on core competences - especially in the real estate sector. With such changes abroad, hotels and other niche products such as serviced apartments and student accommodation have again moved into focus. A snapshot of the current mood.

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