Closed-end German property funds
Gasteyer, T.
Closed-end German property funds - Journal of Property Finance 1 (4) Spring 564-569 (6) .
Closed-end property funds in Germany are organised as partnerships by which the business activities are limited to investing in one or several properties. Depending on their structure, they can either be tax driven, in which case the investors derive substantial benefits from reduced personal income taxes, or they can provide for substantial equity financing, in which case the fund`s purpose is to provide a cash return on an investment at an early stage. (from journal abstract).
PROPERTY FINANCE
Closed-end German property funds - Journal of Property Finance 1 (4) Spring 564-569 (6) .
Closed-end property funds in Germany are organised as partnerships by which the business activities are limited to investing in one or several properties. Depending on their structure, they can either be tax driven, in which case the investors derive substantial benefits from reduced personal income taxes, or they can provide for substantial equity financing, in which case the fund`s purpose is to provide a cash return on an investment at an early stage. (from journal abstract).
PROPERTY FINANCE