Pramerica Real Estate Investors said on Friday that it expects to re-open its TMW Immobilien Weltfonds by the end of 2009 after having raised the fund's liquidity ratio to about 20%. The fund's increased liquidity is the result of the sale of two properties in Switzerland and the US, it added. The disposals, announced last week, took place above market value. The vehicle is currently negotiating further sales.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
