{"id":18604,"date":"2016-07-05T01:06:35","date_gmt":"2016-07-04T18:06:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/standard-life-shuts-property-fund-amid-rush-of-brexit-withdrawals\/"},"modified":"2016-07-05T01:12:58","modified_gmt":"2016-07-04T18:12:58","slug":"standard-life-shuts-property-fund-amid-rush-of-brexit-withdrawals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/standard-life-shuts-property-fund-amid-rush-of-brexit-withdrawals\/","title":{"rendered":"Standard Life shuts property fund amid rush of Brexit withdrawals"},"content":{"rendered":"


\nFirm closes \u00a32.9bn commercial fund citing \u2018exceptional market circumstances\u2019 in reportedly first such UK closure since the financial crisisInvestors in Standard Life\u2019s property funds have been told that they cannot withdraw their money, after the firm acted to stop a rush of withdrawals following the UK\u2019s decision to leave the EU.The firm halted trading on its Standard Life Investments UK Real Estate Fund and associated funds at midday on Monday, citing \u201cexceptional market circumstances\u201d for the decision. It said the suspension would remain in place until it is \u201cpracticable\u201d to lift it, and that it would review the decision at least every 28 days. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Standard Life shuts property fund amid rush of Brexit withdrawals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Firm closes \u00a32.9bn commercial fund citing \u2018exceptional market circumstances\u2019 in reportedly first such UK closure...<\/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-18604","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\/p75ss1-4Q4","jetpack-related-posts":[{"id":113045,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-funds-suffer-worst-week-since-brexit-referendum\/","url_meta":{"origin":18604,"position":0},"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":112859,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mg-suspends-2-5bn-property-fund-blaming-retail-crisis-and-brexit\/","url_meta":{"origin":18604,"position":1},"title":"M&G suspends \u00a32.5bn property fund blaming retail crisis and Brexit","date":"December 4, 2019","format":false,"excerpt":"\r M&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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackstone-chief-defends-real-estate-fund-amid-rush-for-withdrawals\/","url_meta":{"origin":18604,"position":2},"title":"Blackstone chief defends real estate fund amid rush for withdrawals","date":"December 8, 2022","format":false,"excerpt":"\r Blackstone president and COO Jon Gray defended the fund, noting that investors knew BREIT had limits on redemptions.\r \r Source : cnbc.com\r Read more...Blackstone chief defends real estate fund amid rush for withdrawals","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18752,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-fears-hit-second-uk-property-fund\/","url_meta":{"origin":18604,"position":3},"title":"Brexit fears hit second UK property fund","date":"July 5, 2016","format":false,"excerpt":"\r Sharp fall in share price and fears of Brexit fallout spur \u2018gating\u2019 in face of withdrawals\r \r Source : ft.com\r Read more...Brexit fears hit second UK property fund","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112914,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-pull-2-8bn-out-of-uk-property-funds-amid-high-street-gloom\/","url_meta":{"origin":18604,"position":4},"title":"Investors pull \u00a32.8bn out of UK property funds amid high street gloom","date":"December 6, 2019","format":false,"excerpt":"\r More real estate funds may have to impose extraordinary liquidity measures \u2013 FitchInvestors pulled almost \u00a33bn out of UK property funds over the past year, highlighting the toll that extended Brexit uncertainty and high street gloom have had on the sector.Data prepared by Morningstar shows that \u00a32.8bn was taken\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-panic-yet-the-brexit-vote-has-had-a-surprise-effect-on-pension-funds\/","url_meta":{"origin":18604,"position":5},"title":"Don\u2019t panic \u2013 yet. The Brexit vote has had a surprise effect on pension funds","date":"July 2, 2016","format":false,"excerpt":"\r The markets went into meltdown and the pound sank against the dollar but giant pension funds have been largely unaffected, with some even reporting gainsDid Brexit shrink your pension? Markets went into meltdown last Friday following the shock result, but early figures on its impact on UK pension funds\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\/18604"}],"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=18604"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/18604\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=18604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=18604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=18604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}