JULY 5, 2016

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Two U.K. real estate funds suspend trade

by Andrea Waitrovich

Due to recent current events causing uncertainty for the U.K. commercial real estate market following the United Kingdom’s European Union membership referendum result, two real estate funds have suspended trade.

Standard Life Investments decided to suspend all trading in the Standard Life Investments U.K. Real Estate Fund on July 4.

The suspension was requested to protect the interests of all investors in the fund and to avoid compromising investment returns from the range, mix and quality of assets within the portfolio.

The Standard Life Investments U.K. Real Estate Fund invests in a diverse mix of prime commercial real estate assets from across office, retail, industrial and other sectors. Its lower risk positioning should be beneficial for performance in times of market stress and uncertainty.

The fund continues to offer a stable and secure income return with a distribution yield of c3.86 percent.

And M&G Investments ann

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy