{"id":112859,"date":"2019-12-04T22:32:40","date_gmt":"2019-12-04T15:32:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mg-suspends-2-5bn-property-fund-blaming-retail-crisis-and-brexit\/"},"modified":"2019-12-04T23:07:10","modified_gmt":"2019-12-04T16:07:10","slug":"mg-suspends-2-5bn-property-fund-blaming-retail-crisis-and-brexit","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mg-suspends-2-5bn-property-fund-blaming-retail-crisis-and-brexit\/","title":{"rendered":"M&G suspends \u00a32.5bn property fund blaming retail crisis and Brexit"},"content":{"rendered":"


\nM&G Property Portfolio bans withdrawals after investors demand their money backOne of the UK\u2019s biggest property funds, which owns shopping centres across the country, has alarmed investors by banning withdrawals and blaming both Brexit and the retail downturn for its problems.The \u00a32.5bn M&G Property Portfolio was suspended after \u201cunusually high and sustained outflows\u201d \u2013 demand from investors for their money back \u2013 prompted by \u201cBrexit-related political uncertainty and ongoing structural shifts in the UK retail sector\u201d. Continue reading…
\n
\nSource : theguardian.com
\nRead more…M&G suspends \u00a32.5bn property fund blaming retail crisis and Brexit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

M&G Property Portfolio bans withdrawals after investors demand their money backOne of the UK\u2019s biggest...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-112859","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tmj","jetpack-related-posts":[{"id":112857,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mg-suspends-2-5bn-property-fund-on-brexit-and-retail-woes\/","url_meta":{"origin":112859,"position":0},"title":"M&G suspends \u00a32.5bn property fund on Brexit and retail woes","date":"December 4, 2019","format":false,"excerpt":"\r Property Portfolio faced \u2018unusually high and sustained outflows\u2019\r \r Source : ft.com\r Read more...M&G suspends \u00a32.5bn property fund on Brexit and retail woes","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112865,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-the-mg-property-fund-own\/","url_meta":{"origin":112859,"position":1},"title":"What does the M&G property fund own?","date":"December 5, 2019","format":false,"excerpt":"\r Shopping centres in Glasgow, Maidstone and Bridgend are among the fund\u2019s holdingsM&G suspends \u00a32.5bn property fundM&G, which recently split from its parent Prudential, has temporarily suspended dealings in its property portfolio. It said Brexit-related political uncertainty and structural shifts in the UK retail sector had made it difficult to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113045,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-funds-suffer-worst-week-since-brexit-referendum\/","url_meta":{"origin":112859,"position":2},"title":"UK property funds suffer worst week since Brexit referendum","date":"December 13, 2019","format":false,"excerpt":"\r Demands for withdrawals from funds accelerate after M&G blocks redemptionsA dash for the exit by investors has left UK property funds nursing their worst week of withdrawals since the Brexit referendum, and raised fears that further funds may be forced to close.Last week M&G, one of the UK\u2019s biggest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mg-extends-ban-on-withdrawals-from-flagship-fund\/","url_meta":{"origin":112859,"position":3},"title":"M&G extends ban on withdrawals from flagship fund","date":"January 2, 2020","format":false,"excerpt":"\r Property Portfolio suspension continues as M&G sells assets to raise cashM&G has extended the ban on investors withdrawing funds from its flagship \u00a32.5bn property fund, one of the biggest in the country.The company shocked small investors in December by suspending its giant Property Portfolio fund in response to a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114527,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mg-investors-to-remain-locked-in-property-fund\/","url_meta":{"origin":112859,"position":4},"title":"M&G investors to remain locked in property fund","date":"February 26, 2020","format":false,"excerpt":"\r \u00a32.5bn fund has been suspended since December\r \r Source : ft.com\r Read more...M&G investors to remain locked in property fund","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42215,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gulf-investors-appetite-for-london-property-remains-despite-brexit-concerns\/","url_meta":{"origin":112859,"position":5},"title":"Gulf investors' appetite for London property remains despite Brexit concerns","date":"January 29, 2017","format":false,"excerpt":"\r Appetite for prime commercial property in London from Gulf investors remains strong despite concerns about Brexit and the potential relocation of thousands of banking jobs to other European cities.Since the UK's prime minister Theresa May announced on January 17 that the UK would leave Europe's single market, two major\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112859"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=112859"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112859\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}