| UK property fund managers are again attempting to impede investors from exiting funds as performance stalls. The so-called gates are being put up as property funds suffer from a growing divide in values between prime locations and weaker real estate in secondary markets.
In a fourth quarter report, Aviva Investors’ £1.1bn pensions property fund deferred redemptions for up to 12 months after experiencing an increase in requests from investors to pull their money...............................................Full Article: Source
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