{"id":18626,"date":"2008-11-26T07:01:00","date_gmt":"2008-11-26T00:01:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-star-halts-property-fund-withdrawals\/"},"modified":"2016-07-05T03:42:20","modified_gmt":"2016-07-04T20:42:20","slug":"new-star-halts-property-fund-withdrawals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-star-halts-property-fund-withdrawals\/","title":{"rendered":"New Star halts property fund withdrawals"},"content":{"rendered":"<p>&#013;<br \/>\nOne of Britain&#8217;s most high profile unit trusts, New Star&#8217;s \u00a3675m International Property fund, was yesterday forced to close its doors to withdrawals after it admitted it no longer had sufficient cash reserves to meet demands from investors. The fund was launched only 18 months ago, in a blitz of billboard advertising featuring skyscrapers around the globe. The fund promised a &#8220;world of new investment opportunities&#8221; but thousands of small investors who poured their savings into the fund will now be denied access to their money after its suspension yesterday.  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2008\/nov\/26\/new-star-suspends-investor-withdrawals\" target=\"_blank\">New Star halts property fund withdrawals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; One of Britain&#8217;s most high profile unit trusts, New Star&#8217;s \u00a3675m International Property fund, was&#46;&#46;&#46;<\/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-18626","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\/p75ss1-4Qq","jetpack-related-posts":[{"id":18744,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aviva-halts-property-fund-redemptions\/","url_meta":{"origin":18626,"position":0},"title":"Aviva halts property fund redemptions","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...Aviva halts property fund redemptions","rel":"","context":"In &quot;Property News&quot;","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":18626,"position":1},"title":"M&amp;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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aviva-warns-on-property-fund-withdrawals\/","url_meta":{"origin":18626,"position":2},"title":"Aviva warns on property fund withdrawals","date":"August 10, 2016","format":false,"excerpt":"\r Asset manager says \u2018gating\u2019 investors may be long-term measure\r \r Source : ft.com\r Read more...Aviva warns on property fund withdrawals","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aviva-halts-trading-in-its-property-fund\/","url_meta":{"origin":18626,"position":3},"title":"Aviva halts trading in its property fund","date":"July 5, 2016","format":false,"excerpt":"\r 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 \u00a31.8bn property fund a day after Standard Life made the same move, escalating fears about the UK\u2026","rel":"","context":"In &quot;Property News&quot;","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":18626,"position":4},"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 &quot;Property News&quot;","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":18626,"position":5},"title":"M&amp;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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/18626"}],"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=18626"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/18626\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=18626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=18626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=18626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}