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Art. 59

951.31CISAFederal ActJan 1, 2007Original source
  1. Real estate funds may invest their assets in:
    1. property, including fixtures and fittings;
    2. investments in and claims on real estate companies whose sole objective is the purchase and sale and/or the rental and lease of their own property, provided that at least two thirds of their capital and voting rights are incorporated in the investment fund;
    3. units in other real estate investment funds and listed real estate investment companies amounting to no more than 25% of the fund's total assets;
    4. foreign real estate securities whose value can be adequately valued.
  2. Co-ownership of property is permitted only if the fund management company or the SICAV can exert a dominant influence.

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