Investors scramble to dump UK property funds as valuations dive amid widening Kwarteng mini-budget chaos

Investors scramble to dump UK property funds as valuations dive amid widening Kwarteng mini-budget chaos

City A.M.

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Following last week’s bond market turmoil, which sent shockwaves through the City, investors are now scrambling to exit UK property funds. Since the new chancellor, Kwasi Kwarteng, presented his Mini-Budget at the end of September, the pace at which investors are pulling out of UK commercial real estate funds has accelerated. In the 10 days [...]

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