Zurich – The management of Credit Suisse Real Estate Fund Green Property has put off a capital increase that was supposed to happen in the fourth quarter. They did this because property funds are very volatile and the market has changed a lot.
On Monday, the Swiss bank said it couldn’t guarantee a successful issue in the fourth quarter.
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“The fund management will keep a close eye on how the market changes and decide at the right time if the Credit Suisse Real Estate Fund Green Property could get a capital increase,” it said.
