Gov't Adopts New Rules for Real Estate Funds
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In order to ensure the safe operation of real estate funds and further increase their competitiveness, the government has adopted new rules, according to business daily Világgazdaság.
To improve the stability and transparency of the financial sector, the Ministry of Economic Development developed new regulations regarding the funds that further strengthen their competitiveness.
The new decree says real estate funds must increase the proportion of investment units with a redemption period of 180 days to at least 15% of their assets by the fall of 2026.
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