The exodus from real-estate funds

Investors in real-estate funds have been rushing for the exits. Sarah Moore looks at what's going on.

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Investors have got on their bikes to flee commercial property

Three major UK real-estate funds suspended trading in their shares this week in an attempt to stem the wave of withdrawals that followed Britain's decision to leave the European Union. Standard Life Investments put a halt to trading on its £2.9bn commercial property fund on Tuesday, followed closely by M&G's £4.4bn Property Portfolio (the largest in the sector), and Aviva Investments' £1.8bn UK Property Trust.

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Sarah is MoneyWeek's investment editor. She graduated from the University of Southampton with a BA in English and History, before going on to complete a graduate diploma in law at the College of Law in Guildford. She joined MoneyWeek in 2014 and writes on funds, personal finance, pensions and property.