Fund suffers a surge in requests by investors to redeem their investments because of fears of a property crash after Britain voted to leave the EUAviva Investors has suspended dealing in its £1.8bn property fund a day after Standard Life made the same move, escalating fears about the UK post-Brexit property market.The suspension sent the pound to a new 31-year low against the dollar, falling 1.8 cents to $1.3090 as the Bank of England said economic risks caused by the referendum had “begun to crystallise”. Continue reading…
Source : theguardian.com
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