Germany Offers Painful Lesson for U.K. Property Investors: Chart

Look away if you’re a U.K. property investor who’s had their money frozen in a property fund. Almost 20 German funds halted redemptions following Lehman Brothers Holdings Inc.’s bankruptcy in 2008, and some are still struggling to meet government deadlines to wind down. The closer a fund gets to that deadline, the bigger the loss it takes when selling properties, according to data compiled by Cushman & Wakefield Inc.

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