Slovakia opens up to real estate
July 24th, 2007 by Ines
SLOVAKIA - The Labour Ministry has unveiled a series of changes to the pension system, including a small revision of current investment limits for pension funds operating within its mandatory pension scheme.
The proposal paves the way for pension fund administrators to invest a portion of pension assets into real estate funds. The change in the country’s legislation has gone virtually unnoticed so far, amid hype surrounding other large scale changes to the pension system.
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- Posted in Europe real estate, Slovakia