Third U.K. Property Fund Halts Withdrawals Amid Brexit Market Turmoil - News Summed Up

Third U.K. Property Fund Halts Withdrawals Amid Brexit Market Turmoil


LONDON—Aftershocks from the U.K.’s seismic vote to leave the European Union are pulsing through the property sector here. Some of the nation’s largest insurers and asset managers Tuesday moved to stop spooked investors pulling money out of their funds. In doing so they’re hoping to avoid selling the buildings they own, from shopping malls in the industrial northeast of the country to plush office buildings in the heart of the City of...


Source: Wall Street Journal July 05, 2016 10:51 UTC



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