Impact of Brexit and Trump
In the immediate aftermath of the EU referendum, the spotlight fell on UK property and those who invest in it, writes Michael Barrie, director of fund management - property, at Legal & General Investment Management.
First time it was most popular sector
Ryan Dobratz, co-lead manager of the Third Avenue Real Estate Value fund, talks to Lawrence Gosling about opportunities from improving sentiment towards out-of-favour areas like London and Hong Kong in 2017.
Several suspended after EU referendum
Foreign investment down
Recent months have been mixed for the UK property market. The asset class performed well early in the year, but returns were rocked by the uncertainty surrounding June's Brexit vote.
Need for Hong Kong to work out relationship with China
Follows third fund launch in August
First time strategy available to UK
Anticipates positive impact of around 5%
Fund re-opened this week
Investing in Asia Pacific property
Walker taking a career break
Columbia Threadneedle's Jordison: Property suspensions were regrettable but they brought order to the market
Fund reopened after Brexit suspension
Property managers share their views
Suspended trading on 4 July
Re-opening on 14 October
Closed-ended property trusts may not have been as badly impacted by the Brexit vote as their open-ended counterparts, which suffered £792m of redemptions in July, but the summer has still been a volatile period for the sector.
As open-ended property funds start to reopen after suspensions following the Brexit vote, there is a danger the debate around these vehicles gets kicked into the long grass until the next crisis erupts.
GICS has reclassified real estate as standalone sector
Aviva Investors has announced it will resume trading of its £1.5bn Property Trust from 15 December, having suspended the fund in July.
Key announcements over the break