ZURICH (Reuters) - The management of Credit Suisse Real Estate Fund Green Property has postponed a capital increase announced for the fourth quarter, citing high volatility for property funds and a market environment which has deteriorated significantly.
The Swiss bank said on Monday a successful issue in the fourth quarter could not be guaranteed.
"The fund management will closely monitor the development of the market and will decide in due course on a possible implementation of the capital increase for Credit Suisse Real Estate Fund Green Property," it added.
(Reporting by Michael Shields; Editing by Shri Navaratnam)
| 1st Jan change | Capi. | |
|---|---|---|
| +12.59% | 301B | |
| +9.16% | 249B | |
| +21.76% | 212B | |
| +17.11% | 172B | |
| +7.31% | 161B | |
| +4.15% | 153B | |
| -11.61% | 138B | |
| -0.39% | 137B | |
| +2.86% | 125B |
CREDIT SUISSE GROUP AG 
