M&G has joined Standard Life Investments and Aviva in suspending trading on its property fund in order to meet redemptions, amid a post-Brexit rush to exit the asset class. Trading has been suspending in the M&G Property portfolio with immediate effect, with Aviva Investors suspending trading earlier today and SLI suspending yesterday. M&G said: “We announce
With a Federal Reserve interest rate rise looming large and the Bank of England believed to be not a long way behind, there is an obvious case to be made that UK commercial property has had its time in the sun for now. This is not necessarily the reality though with some seeing plenty of
The most recent US earnings announcements might catch the investment world’s attention this week, but one headline that did not seem to gain much press time was that made by the Chinese, with respect to their mortgage-backed securities market. The Chinese government agreed this week to allow banks to tap the debt market, by packaging
Whilst official data and forecasts suggest that there has been no meaningful improvement in Serbia’s economy, the announcement of a major (€2.5 – 2.8 billion) real estate project – “Belgrade on the Water” – on a 96ha industrial site on the Danube represents a significant boost for the property sector and, by extension, the broader economy. The
