IW Long Reads: Keeping the door open - Does the open-ended property sector still have plenty to offer?

Sector sceptics could be missing out on opportunities

Open-ended property funds have been in the headlines for mostly all the wrong reasons for much of the past 12 months, as the sector has once again been held hostage by a large market sell-off, this time stemming from the Covid-19 outbreak. Following a wave of redemptions, in March last year all UK physical property funds were forced to suspend dealing as independent valuers were hit by material uncertainty regarding valuations. It is not the first time such measures have been taken; many funds took similar action back in June 2016, as investors rushed for the exit door after the UK voted...