Two UK Commercial Real Estate Funds Shut Permanently, Investors Trapped, as Sector-Wide Exodus Intensifies
by Wolf Richter, Wolf Street: The sector was already hit hard by Brexit, then by lockdowns, and now by working from home as companies plan to cut floor space. Aegon Asset Management has closed its UK Property Income and Property Income feeder funds, after struggling to raise sufficient cash to meet redemption requests, it said on Wednesday. […]
Source: https://www.sgtreport.com/2021/06/two-uk-commercial-real-estate-funds-shut-permanently-investors-trapped-as-sector-wide-exodus-intensifies/
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