Despite the ongoing coronavirus pandemic, open-end special property AIFs have been relatively unaffected by market volatility, receiving positive, stable net inflows of approximately €2 billion ($2.3 billion) in the second quarter of 2020, according to an analysis of Bundesbank statistics.
By comparison, the figure for the same period of 2019 — April to June — was roughly the same.
In line with inflows, the net fund assets of all open-ended special property funds also continued to grow during the coronavirus. Numbering €124.3 billion ($147 billion) before the crisis at the end of March, the assets had reached €127.1 billion ($150 billion) by the end of June, representing a €2.7 billion ($3.1 billion) increase in three months. In comparison, growth levels represented €2.5 billion ($2.9 billion) in the same period of 2019.
“The figures show that property investments remain in high demand and industry assets are continuing to increase,” said Micha
