UBS Moves to Liquidate Credit Suisse Real Estate Fund International to Address Limited Liquidity

Thursday, 15 August 2024, 09:21

UBS Group has announced its decision to liquidate the Credit Suisse Real Estate Fund International due to ongoing challenges with liquidity in the real estate markets. This step marks the latest effort by UBS to rationalize the portfolio inherited from the now-defunct Credit Suisse. The liquidation reflects broader market conditions that are affecting real estate investments. As UBS continues to evaluate its strategies, this decision underscores the difficulties facing the sector.
MarketWatch
UBS Moves to Liquidate Credit Suisse Real Estate Fund International to Address Limited Liquidity

UBS Liquidates Credit Suisse Real Estate Fund International

In a significant move, UBS Group has decided to liquidate the Credit Suisse Real Estate Fund International. This decision comes amid limited liquidity in the real estate markets, which poses challenges for asset management.

Background

The bank's Swiss fund-management division is taking this step as part of its efforts to effectively unwind parts of the portfolio brought over from Credit Suisse. It reflects the ongoing struggles in the real estate sector.

Market Conditions

  • Limited liquidity affecting real estate
  • Challenges in asset management
  • Impacts on investment strategies

This liquidation highlights the broader issues facing real estate investments currently.

Conclusion

As UBS navigates these turbulent waters, the move is a clear indication of the current market landscape and its impact on real estate funds. Investors will need to assess how these changes may affect their portfolios moving forward.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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