Schweizer, Denis; Haß, Lars; Johanning, Lutz; Rudolph, … - In: The Journal of Real Estate Finance and Economics 47 (2013) 1, pp. 65-82
Besides the more commonly used REITs, German investors can also invest in a lesser-known real estate vehicle, Open-ended Property Funds. OPFs are considered a compromise between listed and direct real estate investments. OPF fund managers generally provide daily (perfect) liquidity. However, if...
