With M&G's £4bn Property Portfolio due to reopen on Friday, all but one of the large UK commercial property funds that suspended dealing as investors withdrew money after the Brexit vote are open for investment, according to analysis by rplan.co.uk.
The online investment platform noted M&G, Standard Life, Henderson and Columbia Threadneedle have all reopened their property funds, leaving Aviva Investors' £1.5bn Property Trust as the only 'gated' fund left. Aviva has warned investors they may not be able to withdraw their money until next year. Following Standard Life, Henderson and Columbia Threadneedle, M&G became the latest fund group to confirm it would re-open its £4bn property portfolio on 4 November, citing a return of confidence to the market. An increase in negative sentiment towards the UK commercial property sector foll...
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