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. The Loathing Of Commercial Capitalism Has Ancient Roots Commercial Real Estate: The King Kong Of Category Killers SocGen: London Property Prices Could Fall 50% Following the UK’s decision to leave the European Union on June 24, investors…
UK Commercial Property Funds Still Face Plenty Of Risks
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk