German funds set to release billions worth of assets in market squeeze

A 'substantial volume' of good-quality assets is set to come up for sale in Germany as some of the beleaguered German open-ended funds liquidate their portfolios. One of the more publicised disposals is the Quartier Potsdamer Platz property portfolio that SEB is marketing in Berlin. SEB is seeking to sell a 50% stake in the portfolio which it acquired in 2008 for EUR 1.4 bn.

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