M&G reopens property fund after flogging retail assets M&G suspended dealing in the property fund in December 2019 M&G has reopened its property portfolio after flogging its retail assets more than a year after it froze dealing in the fund amid a surge in investor withdrawal requests. The asset management giant said today it will unfreeze the funds for dealing from 10 May. It suspended the property portfolio in December 2019 amid a jump in investors asking to withdraw their savings. Since then, the firm has reduced portfolio risk, strengthened its income stream and lowered the vacancy rate to 7.2 per cent by selling 38 properties, at an average 0.1 per cent discount to their net asset value.