Eurozone real estate funds build equity holdings
Net purchases of equity hit €18.2 billion
Real estate funds in the eurozone have increased the share of their portfolios allocated to equities over the last 11 years and reduced the amount invested in non-financial assets, such as property, data from the European Central Bank shows.
Equity holdings, as a share of total assets held by real estate funds, climbed to 17% at end-2019, from 11% at end-2008. In euro terms, equity holdings have
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