Funds & ETFs 

Commercial property funds suspend withdrawals as investors flee

Commercial property funds suspend withdrawals as investors flee

A number of commercial property funds have stopped investors taking out or putting in money after a deluge of withdrawal requests in the wake of the vote to leave the European Union (EU). It follows the decision by a number of funds to rebase the price of their units over the past two months and by Henderson UK Property Fund (GB00BP46GD34) to write down the value of its portfolio by 4 per cent, or £160m.

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