SEB ImmoPortfolio Target Return Fund

Profile

Current situation

SEB ImmoPortfolio Target Return Fund will be dissolved on the reporting date of 31.12.2023. The last unit price of EUR 4.77 was published on 29.12.2023, which is also the closing price as at 31.12.2023. 

The wind-down of SEB ImmoPortfolio Target Return Fund is therefore completed as of 31 December 2023 and the fund is no longer active.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 ImmoPortfolio Target Return Fund has been in liquidation since 5 June 2014, 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 31 May 2017, ownership of the Fund’s assets, which are held in trust for investors, was transferred by law to the depository CACEIS Bank S.A., Germany Branch."

Key Facts

ISIN DE0009802314
WKN 980231
Fund type Open-ended real estate fund
Fund currency EUR
Depository bank CACEIS Bank S.A., Germany Branch
Launch date 15 Oct 2001
Fiscal year 01 Jan – 31 Dec