{"id":19002,"date":"2016-07-07T18:45:48","date_gmt":"2016-07-07T11:45:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-fund-turmoil-continues-as-two-more-reveal-cut-in-value\/"},"modified":"2016-07-07T18:50:12","modified_gmt":"2016-07-07T11:50:12","slug":"property-fund-turmoil-continues-as-two-more-reveal-cut-in-value","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-fund-turmoil-continues-as-two-more-reveal-cut-in-value\/","title":{"rendered":"Property fund turmoil continues as two more reveal cut in value"},"content":{"rendered":"


\nLegal & General slashes value of \u00a32.3bn fund by 10% while Foreign & Colonial revises its \u00a3290m down by 5%Turmoil in the property sector is continuing, with two more funds announcing revaluations that show a sharp fall in the price of shopping centres, office blocks and warehouses since the EU referendum.With the pound remaining under pressure on the foreign exchange markets, Legal & General and Foreign & Colonial became the latest fund managers to take action on Thursday to reflect falling prices for property following the 23 June vote. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Property fund turmoil continues as two more reveal cut in value<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Legal & General slashes value of \u00a32.3bn fund by 10% while Foreign & Colonial revises...<\/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-19002","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\/p75ss1-4Wu","jetpack-related-posts":[{"id":31288,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lloyds-succumbs-to-pension-fund-turmoil-as-it-slides-into-deficit\/","url_meta":{"origin":19002,"position":0},"title":"Lloyds succumbs to pension fund turmoil as it slides into deficit","date":"October 22, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Lloyds succumbs to pension fund turmoil as it slides into deficit","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97994,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/further-turmoil-for-debenhams-as-fund-raising-efforts-are-thrown-into-question\/","url_meta":{"origin":19002,"position":1},"title":"Further turmoil for Debenhams as fund-raising efforts are thrown into question","date":"September 17, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Further turmoil for Debenhams as fund-raising efforts are thrown into question","rel":"","context":"In "Property 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targeting property firms, six firms lose US$11 billion in market value","date":"September 20, 2021","format":false,"excerpt":"\r Hong Kong\u2019s property developers have been left reeling after a sell-off purportedly attributed to the Chinese government\u2019s injunctions for them to serve the national interest drained 6.75 per cent from a gauge that tracks the city\u2019s real estate stocks.Housing affordability has long been one of the top woes afflicting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers\/","url_meta":{"origin":19002,"position":4},"title":"UK mortgage turmoil continues as Santander pulls deals for new borrowers","date":"June 12, 2023","format":false,"excerpt":"\r Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed ratesSantander is the latest major bank to announce it is temporarily pulling its mortgage deals for new borrowers off sale as the turmoil in the home loans market shows no signs of abating.Days\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57504,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/double-whammy-for-british-tourists-as-pound-plunges-and-prices-rise-abroad\/","url_meta":{"origin":19002,"position":5},"title":"Double whammy for British tourists as pound plunges and prices rise abroad","date":"June 11, 2017","format":false,"excerpt":"\r Sterling value drops again as the markets react to UK\u2019s political turmoil, with tourists losing hundreds of euros in exchange rates compared with two years agoBritish tourists travelling to the continent this summer will lose hundreds of euros in exchange rates compared with two years ago, as ongoing political\u2026","rel":"","context":"In "Property 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