Landgericht Berlin decides in favor of damaged investors accordingly it fail advice presented at least starting in 2008, an investor seeking a secure facility, an open real estate funds like AXA Immoselect, DEGI Europa, DEGI global business, DEGI international, KanAm Grundinvest, KanAm US Grundinvest, Morgan Stanley P2 Value, and TMW real estate of Fund or a real estate fund as DJE real estate, premium management real estate investments or SEB Kapitalprotekt P to recommend. Another judgment, which makes hope investors of open real estate fund, was announced on May 10, 2012 by the land Court of Berlin. (AZ. 27 O 627/11) The Court awarded damages to an investor, which in 2008, the investment in the open real estate funds of Morgan Stanley P2 Value as a secure facility had been recommended. From our point of view no case: all open-ended real estate funds to our clients in the consulting safe assets portrayed as, even as “gilt-edged assets”. However, had the Court rightly how Berlin, since 2004 enormous risks for the global real estate market and thus also for the open real estate funds drawn down.
The Landgericht Berlin causes: “An open real estate funds was in 2008 due to the already from 2004 looming difficulties with real estate funds, which degenerated out since the year 2007 due to the development in the U.S. real estate market into a real estate crisis and then in a great depression, probably not safe deposits, would an investor with the profile of the applicant without regard to foreseeable risks may recommend.” Accordingly it was advice fail at least starting in 2008, an investor who is looking for a safe investment, an open-ended real estate funds such as AXA Immoselect, DEGI Europa, DEGI global business, DEGI international, KanAm Grundinvest, KanAm US Grundinvest, Morgan Stanley P2 Value, and TMW real estate of Fund or a real estate fund as DJE real estate, premium management real estate investments or SEB Kapitalprotekt P to recommend. We represent many investors of open real estate funds and Real estate funds and could already bring extra-judicial and judicial solutions in many cases. Do you know whether damages are available to you? Call me for a no-obligation initial assessment I will gladly help you. Nittel Firm specializing in banking law and capital market law your contact Alexander Meyer, lawyer Heidelberg: Hans-Bockler-Strasse 2 A, 69115 Heidelberg phone: 06221 915770 Fax: 06221 9157729 Munich: residential street 25, 80333 Munich Tel.: 089 25549850 Fax: 089 25549855