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L&G makes a further 10% cut in its property fund

2016-07-07 13:12:24| BBC News | Business | UK Edition

Turmoil continues in the UK property sector as Legal & General cuts the value of its fund by 10%.

Tags: its makes property cut

 

Fear factor behind property fund withdrawals, say experts

2016-07-06 16:29:19| BBC News | Business | UK Edition

The fear factor is causing investors to withdraw money from commercial property funds, according to one of the City's senior fund managers.

Tags: property factor fear fund

 
 

Aviva suspends property fund due to 'extraordinary' conditions

2016-07-05 14:36:54| BBC News | Business | UK Edition

The UK's biggest insurer Aviva follows Standard Life to become the second firm in two days to suspend trading in a UK property fund following the Brexit vote.

Tags: conditions due property fund

 

Bank of England warns property is a key risk to economy

2016-07-05 14:19:19| BBC News | Business | UK Edition

The Bank of England saw commercial property as a key risk to the economy in the event of a Brexit vote. It has now given evidence that risk is becoming reality.

Tags: to key property bank

 

Pound and property shares head lower

2016-07-05 10:41:38| BBC News | Business | UK Edition

The pound falls sharply, and property shares drag the FTSE 100 lower after Standard Life Investments suspends trading in its UK property fund.

Tags: property head lower shares

 

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