"The panic is over"

INTERVIEW: Barbara Knoflach, Head of SEB Asset Management and SEB Immobilien Investment and a member of the Executive Board of the industry association BVI, talks about the market situation for open-ended investment funds.


According to Martin Steinbach, Head of Issuer Relations at Deutsche Brse, the financial crisis offers opportunities for German REITs.


The dilemma

COMMENTARY: Open-ended property funds are designed for long-term investments with manageable sums in each case. Any divergence from this principle causes problems.


Fund initiator calls for longer exit tax

Tax breaks for REITs and pre-REITs on property purchases are currently not effective, says Friedrich Wilhelm Patt, Managing Director of Hannover Leasing.


Gallows humour

The atmosphere at the Expo Real real estate trade fair during the financial and credit crisis.


Critical mass is lacking

INTERVIEW: According to Kai Malte Klose, stock analyst at Dresdner Kleinwort, there is no reason to expect a large wave of takeovers at German real estate companies.