The transfer of risks and rewards of ownership to the buyer concerning the last property of SEB ImmoPortfolio Target Return Fund’s portfolio took place on 1st November 2017. The Polish property in Lodz, Aleja Pilsudskiego 22 was part of the pan-European real estate portfolio, which was sold at the end of April 2017 (News from 15 May 2017). With this transfer all properties from SEB ImmoPortfolio Target Return Fund have been sold.
SEB ImmoPortfolio Target Return Fund´s unit price will drop by EUR 0.21 on the 3rd November 2017 publication date, falling from EUR 33.35 to EUR 33.14 as a result of the recognition of the effects of the sale.