'Turbulent market' sees Kames Property Income suspended on valuation concerns

Difficult to value assets

Mike Sheen
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'Turbulent market' sees Kames Property Income suspended on valuation concerns

Kames Property Income and its feeder funds have been forced to suspend as a result of current “turbulent market conditions” making it impossible to accurately value property holdings, Investment Week has learned.

In a statement to investors Kames Capital said the Property Income fund's standing independent valuer CBRE had made the judgement that it could not accurately price the holdings and, in accordance with...

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