Seven "Liquid" UK Real Estate Funds Freeze Redemptions In Wake of Brexit [UPDATED]Mark Melin
UK Real Estate Funds Update #4 not good at all H/T ZH
Aberdeen company said the action has been taken due to rapidly changing commercial property market conditions and to continue to provide liquidity in the fund reflecting those conditions.
"Aberdeen's property fund continues to hold a good level of cash, which permits us to offer these options to investors, but it is imperative that we protect remaining holders by fairly reflecting . . .
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