The real estate investment trust Difa Deutsche Immobilien Fonds has announced long-term plans to increase the ratio of international properties in its open-ended property fund to 30%.
The finance institute announced that its foreign property portfolio represents 24.7% of the Difa-Fond No1 and 20.5% of Difa-Grund. French property represents €511m (DM1.1bn) of the property fund’s foreign portfolio, which has an estimated value of €2.04bn (DM4.3bn).
Handelsblatt, 8 August 2000, page 37
