The rush to exit commercial real-estate funds - Q

 


More Main Street funds — not just non-traded REITs — are putting up gates to limit withdrawals

Queues have hit roughly 95% of the commercial real-estate industry’s benchmark “Odyssey” index, an equivalent to the S&P 500 index, according to a person with direct knowledge of the matter.

MarketWatch 7 July 2024

https://www.marketwatch.com/story/the-rush-to-exit-commercial-real-estate-funds-is-going-mainstream-ae178260


So let’s extend and pretend




As we learned during the eurozone’s sovereign debt crisis, European politicians are able to kick the can down the road, but making decisive improvements is another matter altogether.

John Authers Bloomberg 8 July 2024



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