ECB Warns of Risks Posed By €1 Trillion Real Estate Funds

The net asset value of the real estate investment funds more than tripled to more than €1 trillion ($1.1 trillion) in the past 10 years, boosting their interdependence with property markets, the ECB said Monday in its Macroprudential Bulletin. It warned of a mismatch as investors have frequent opportunities to withdraw money, while the assets themselves are quite illiquid

Generated by Feedzy