Investors in the five largest UK property funds have more than £4bn of exposure to the country’s struggling stores and shopping centres, which analysts say could shed as much as 20 per cent of their value by the end of 2019.
Retail property, including shopping centres, retail parks and high streets, makes up a significant proportion of some of the largest direct property funds that are open to individual, or retail, investors.
Managers say many of these assets are now sliding in value amid a deepening crisis in the sector.
