Redemption D-day for second German open-ended fund

摘要

After one of Germany's biggest open-ended funds, the €6bn SEB Immolnvest was forced into liquidation last week, another of the country's huge property investment vehicles, Credit Suisse's CS Euroreal fund, faces a crucial investor vote, which could also result in it being forced to sell assets.Next Monday 21 May the "Joe Public" investors in the fund will be given a 24-hour window in which they can take their money out, in line with guidelines set by the German regulator.