UK Commercial Property Funds Still Face Plenty Of RisksRupert Hargreaves
Following the Brexit vote at the end of June, several UK based commercial property funds suspended redemptions following significant outflows, sparking panic in the UK’s commercial real estate sector and bringing back memories of 2008.
The closures were only temporary, and most funds have now resumed normal business, but according to a recent report from ratings agency Moody’s, the sector is still stressed.
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