July outflows of £19m lowest since September 2023, says Calastone
Property funds finished April with net outflows of more than £50m
Property outflows have returned after a brief respite in September, reaching £51m last month
August’s outflows of £121m are the worst since the chaos of last autumn
The FSB and the IOSC say those remaining in the fund should not be penalised by those choosing to leave
Investors pulled £79m from UK real estate vehicles last month
Withdrawals continue but at slowing pace
Investors sold £48.3m of holdings in January in “bad start” to the year
Agents say the funds will have to accept big discounts
So far around £17bn of property funds have been gated
Property funds are already sounding out cash-rich buyers as redemption requests mount
The 10 days after the announcement saw eight times the withdrawals of the previous three weeks