Glossary entry (derived from question below)
German term or phrase:
geschlossenes Immobilieninvestment
English translation:
closed-end real estate fund
Added to glossary by
Steffen Walter
Jan 12, 2007 12:34
17 yrs ago
1 viewer *
German term
German>English, Hungarian>English
Native in: English 
Works in: German to English, Hungarian to English, English to Hungarian
geschlossene Immobilieninvestments
German to English
Bus/Financial
Real Estate
Anleger der Geschlossenen Immobilieninvestments erzielen höhere Rendite als erwartet.
Die Objekte stammen teils aus Geschlossenen Immobilieninvestments, teils aus dem eigenen Bestand.
The text is a press release from an Austrian bank after the sale of several large real estate properties to an investment fund. I saw the term "real estate investment trust", but I'm not sure whether this is the correct meaning.
Die Objekte stammen teils aus Geschlossenen Immobilieninvestments, teils aus dem eigenen Bestand.
The text is a press release from an Austrian bank after the sale of several large real estate properties to an investment fund. I saw the term "real estate investment trust", but I'm not sure whether this is the correct meaning.
Proposed translations
(English)
| 3 +2 | closed-end real estate fund |
Simon Hase (X)
|
| 4 +1 | closed REITs |
Edith Kelly
|
Change log
Jan 12, 2007 13:13: Steffen Walter changed "Term asked" from "Geschlossenen Immobilieninvestments " to "geschlossene Immobilieninvestments "
Feb 5, 2009 14:56: Steffen Walter changed "Edited KOG entry" from "<a href="/profile/83884">Douglas Arnott's</a> old entry - "geschlossene Immobilieninvestments "" to ""closed-end real estate fund""
Feb 5, 2009 14:57: Steffen Walter changed "Field (specific)" from "Finance (general)" to "Real Estate"
Proposed translations
+2
6 hrs
Selected
closed-end real estate fund
if I remember correctly, closed-end funds are peculiar in that they may often trade at a premium to their Net Asset Value, differing from open-ended funds. so this makes sense here.
however, a REIT is a very particular/special investment vehicle so I would be hesitant to use that here.
wikipedia says that REITs will be introduced in Germany in 2007.
however, a REIT is a very particular/special investment vehicle so I would be hesitant to use that here.
wikipedia says that REITs will be introduced in Germany in 2007.
4 KudoZ points awarded for this answer.
Comment: "thank you!"
+1
17 mins
Edith Kelly
Switzerland
Switzerland
Native in German
&
English
Works in field
Switzerland
Professional conference interpreter
Native in: German 
, English
Works in: German to English, English to German, Dutch to German, and 4 more.
Related KudoZ points
:
113
German term (edited):
Geschlossenen Immobilieninvestments
closed REITs
doch, du hast recht, es gibt die offenen und geschlossenen REITs, real estate investment trusts.
Peer comment(s):
| agree |
Stephen Sadie
3 mins
|
| agree |
Sarah Appleby (X)
: closed v. open-ended real estate funds
33 mins
|
| neutral |
TonyTK
: The problem is that they may not be closed-end REITs but simply conventional closed-end real estate funds - particularly as REITs have (AFAIK) not yet been approved in Austria. The German term darnott is looking for is far too vague ...
59 mins
|
| disagree |
RobinB
: With Tony. Definitely "closed-end", but not (yet) REITs. Simply "closed-end real estate funds".
1 hr
|
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