The M&G Property Portfolio’s gating has been extended for a second time this month in order for the vehicle’s managers to continue to offload assets and build sufficient liquidity levels, and protect investors’ interests.
It was first suspended on 4 December last year, following "unusually high and sustained outflows", which the firm attributed to "Brexit-related political uncertainty and ongoing structural shifts in the...
UK Direct Property sector lost £3.4bn over 2019
Political uncertainty causing concerns
To promote 'long-term investment'
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