Germany's open-ended property funds (GOEFs) have an extremely youthful real estate profile, according to the results of a survey carried out by fund industry body BVI. One-third of the funds' properties are younger than five years, while close to another third are between five and 10 years old. Around 80% of properties are 15 years or younger, according to the survey, which was carried out at end-September 2010.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
