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UBS $6bn property fund's asset value down 20%

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real estate fund  Switzerland  UBS  USD 

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The value of a UBS real estate fund once valued at $6bn (€4.4bn) and now being dissolved by the Swiss bank dropped sharply from the end of the year, with the net asset value 20% lower, according to a document seen by Dow Jones Newswires.

Read this news article on Wealth-bulletin.com.

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