UniImmo Wohnen ZBI
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The prolonged crisis of a favourite class of funds
Open-ended real estate funds are coming under increased scrutiny. Higher interest rates compared to a few years back, and changes in the market such as demand for office space, are leading to devaluations and fund outflows.
All show, no substance
The value of real estate fund UniImmo Wohnen ZBI has fallen dramatically. More transparency would have been desirable.
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