Medium term DIFA, Deutsche Immobilien Fonds AG, wants to increase its share of non-european properties in its open-ended real estate fund DIFA-Grund.
DIFA wants to increase the present 8% share of non-european properties to at least 25% by substantial investments in the US and Canada, according to Reinhard Kutscher, who is responsible for all foreign business within DIFA. Other countries which DIFA are looking at are Japan, Singapore, Honkong and Australia.
(source: VWD)
