- January 1, 2014: Vol. 8, Number 1

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Fund termination study points to reality on the ground

by Loretta Clodfelter

Real estate investment funds with poorly performing portfolios, mainly in southern Europe, are being liquidated, while investment funds with assets in western Europe are opting to extend, according to the latest Fund Termination Study from INREV.

More than half of the assets in funds going into liquidation are located in southern Europe, with 34 percent of them in Italy alone. By contrast, 31 percent of the assets in funds being extended are located in the United Kingdom; altogether, 57 percent of the assets are in western Europe.

“While most investors are still waiting for funds to recover from lacklustre performance during the economic downturn, our study shows that more investors are opting to liquidate poorly performing assets,” comm

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