The Financial Times report on Standard Life, which has stopped retail investors selling out of one of the UK's largest property funds.
- Rapid cash outflows have been triggered by fears over falling real estate values in the wake of the Brexit vote
- Standard Life's £2.9bn commercial property fund will need to sell real estate to raise cash before any money can be redeemed
- It is the UK's third largest open-ended property fund for retail investors
Ugly.
