Aberdeen Standard Investments (ASI) will merge its Aberdeen UK Property and Standard Life Investments UK Real Estate open-end funds, as well as their feeder funds, after obtaining shareholder approval. The consolidation of the two licensed real estate investment funds (Paifs) follows the merger of Standard Life with Aberdeen Asset ManagementRead More →

The pandemic has prompted fund managers to renegotiate rents in some cases and accelerated divestment from subsectors already facing longer-term problems. An estimated £ 6.4bn in rent has gone unpaid following Covid-related business closures, according to the FT, with the ban on evictions of commercial property to remain in effectRead More →

“Social trends have been drastically altered by Covid-19. And in the real estate industry, changing demands will impact valuations.” The process of assessing the value of a given asset is often poorly understood. Buyers and sellers can easily access rough estimates of a property’s value through online platforms. However, theseRead More →

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 →