Columbia Threadneedle Investments and Canada Life have now suspended trading on their UK retail property funds in the aftermath of Britain’s EU referendum result.
2 min read · 07 July 2016
The London-based real estate asset management firm has slashed the fund price by 17 percent for any investor who wants to withdraw capital after a 24 hour temporary suspension is lifted.
2 min read · 07 July 2016
Go on, get it off your chest – tell us what you really think, and what the outcome means for your business.
1 min read · 07 July 2016
The Swiss investment bank plans to invest the capital primarily in Italy and secondarily in the wider Eurozone.
2 min read · 06 July 2016
The investment manager has followed Standard Life Investments, Aviva Investors and M&G Investments in halting redemption requests for its open-ended UK property fund, meaning that now £13bn of UK property is under lock and key.
2 min read · 06 July 2016
The New York-based real estate investment firm completes the sale of Norwegian oil and gas giant Statoil’s headquarters in a deal reflecting a cap rate of 5.4 percent.
1 min read · 06 July 2016
The Chicago-based real estate investment management firm has hired a new client capital co-head as it looks to expand its value-add, opportunistic and debt businesses.
3 min read · 01 July 2016
M&G Investments, the investment arm of UK pension fund Prudential, becomes the third firm in two days to suspend real estate fund trading following Standard Life and Aviva.
2 min read · 05 July 2016
The global asset management platform of UK insurer Aviva becomes the second UK insurer since Monday to suspend trading citing ‘extraordinary market circumstances’ following the Brexit decision.
2 min read · 05 July 2016
The Edinburgh-based asset management arm of insurance giant Standard Life blamed “exceptional market circumstances” for the decision which comes a week after the firm wrote down the value of the fund by 5% following the result of Britain’s EU referendum.
3 min read · 05 July 2016