Standard Life Investments will re-open its UK real estate fund on 17 October.
The company said the fund and its feeder funds would return to normal with their first valuation point at noon that day.
It also removed the fund’s fair value adjustment today, which had stood at a 1% discount since 19 September.
Investors will be able to request to buy or sell shares from 28 September, ahead of the re-opening.
David Paine, head of real estate at Standard Life Investments, said: “The Standard Life Investments UK Real Estate Fund invests in a diverse mix of prime commercial property. Its lower risk positioning should therefore be beneficial for performance at times of market stress and uncertainty and continues to offer a stable and secure income.
“In our opinion, as the search for yield intensifies within a world of low interest rates and nominal growth, the outlook for UK commercial real estate returns and income remains attractive.”
Last week, Paine said the funds were in a position to start trading again by the fourth quarter of the year following asset sales.
Today’s announcement means that Aviva is the last open-ended retail fund that closed in July to set a date for its re-opening. Last month, it said the fund could remain closed for six to eight months.
The Association of Real Estate Funds will commission an independent review about what happened to the seven funds that closed following the EU referendum, but they said it would not happen until all of them are trading again.
From 23 September: Independent report to probe crisis
From 20 September: Standard Life Investments to reopen UK real estate fund
Explainer: What’s going wrong with open-ended retail funds
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