Etude ASPIM : Liquidité des fonds immobiliers ouverts au public en France

ASPIM commissioned an independant report from Pierre Schoeffler on the liquidity of real estate funds open to the general public in France in order to obtain a long-term historiccal perspective on the behaviour of real estate funds in terms of liquidity. 


  • Synthesis
  • Introduction
  • Liquidity risk management in open-ended funds in Europe : main principles
  • Critical review of the liquidity of variable capital SCPIs
  • General review of OPCI liquidity 
  • Conclusion

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