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The 15th annual edition of the Association of the Luxembourg Fund Industry (ALFI) Luxembourg real estate investment funds survey highlights how resilient the real estate investment sector in Luxembourg really is. Despite the global Covid-19 pandemic, the industry saw assets under management of REIFs increase by 14.83% over the last twelve months compared to last year’s 10.54% growth at the same period, bringing total assets under management to EUR 104.4 billion.*
Emmanuel Gutton, Director Legal and Tax of ALFI, commented: “This year’s ALFI REIF survey illustrates how strongly the real estate fund industry continues to grow even during challenging times. The number of vehicles surveyed has grown again by 69, bringing the total to 518 surveyed vehicles. The interest in...
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