The Credit Suisse Real Estate Fund International’s net asset value is expected to drop as much as 10%, according to a statement Friday. That will likely limit distributions to investors to as low as 35 francs a share, down from 40 francs a share, it said. Investors holding about 13.3% of the fund’s shares have asked for their money back.
Credit Suisse isn’t the only firm seeing its property holdings suffer in a down market. In January, BlackRock Inc. suspended withdrawal requests on a £3.5 billion UK property fund
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