AXA adds Immosolutions to list of frozen GOEFS

AXA Investment Managers Deutschland has added its EUR 400 mln Immosolutions vehicle to the growing list of German open-ended property funds (GOEFS) that are frozen for redemptions. The three-month suspension of equity withdrawals follows outflows in the wake of the German draft discussion document. The ban will remain in place for three months, AXA said in a statement.

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