SEB Global Property Fund

Profile

Current situation

SEB Global Property Fund will be dissolved on the reporting date of 31.12.2023. The last unit price of EUR 15.47 was published on 29.12.2023, which is also the closing price as at 31.12.2023. 

The wind-down of SEB Global Property Fund is therefore completed as of 31 December 2023 and the fund is no longer active. However, it will continue to exist until the last payout and simultaneous redemption of units. 

Following the preparation of the final liquidation report as at the reporting date of 31 December 2023 and the audit and certification by the auditor by the end of March 2024 at the latest, the final payout will be made. The fund is then fully liquidated. 

SEB Global Property Fund has been in liquidation since 5 December 2013, the date on which the managing company, Savills Fund Management GmbH, gave notice to terminate its management mandate. After expiration of the notice period on 5 December 2016, ownership of the Fund’s assets, which are held in trust for investors, was transferred by law to the depository bank CACEIS Bank S.A., Germany Branch.

Key Facts

ISIN DE000SEB1A96
WKN SEB1A9
Fund type Open-ended real estate fund
Fund currency EUR
Depository bank CACEIS Bank S.A., Germany Branch
Launch date 19 Oct 2006
Fiscal year 01 Jan – 31 Dec
Minimum investment Once EUR 5,000,000.00