SEB Asset Management lifted the suspension of unit redemption for the SEB ImmoInvest open-ended real estate fund on 29 May 2009, in line with its previous announcement that it would not be utilising the full statutory suspension period of nine months. SEB said that positive signals from sales partners and the improved liquidity situation have prompted the fund's management to allow redemption to be resumed.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
