Large UK real estate funds are maintaining trading suspensions over fears that low cash reserves and regulatory uncertainty could trigger an investor flight. All of the UK’s major commercial real estate funds suspended operations in March, trapping nearly £ 22bn in investor money, after the coronavirus-induced shutdown in economic activityRead More →

Workers at the state’s National Textile Corporation (NTC) factories, pledging allegiance to various unions, opposed a decision to calculate the value of land assets held by the factories. The central government had hired a private consulting firm to measure the land. Members of the CITU, INTUC and BMS unions atRead More →

St James’s Place reopened its real estate funds after its independent appraiser CBRE lifted the material appraisal uncertainty clause this morning. The funds were shut down in March, along with a host of commercial real estate funds, after appraisers proclaimed “material uncertainty” over real estate market valuations as the lockdownRead More →