Degi International and Degi Global Business open-ended property funds will remain closed to redemptions, due to 'insufficient liquidity', a spokesperson for parent company Aberdeen Asset Management said. The freeze on the Degi International fund will remain in place until 16 November 2011. Aberdeen’s Degi Global Business fund will be closed to redemptions until 11 November 2011.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
