M&G to unfreeze £2bn Property Portfolio after nearly ye

M&G to unfreeze £2bn Property Portfolio after nearly year and a half suspension


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M&G to unfreeze £2bn Property Portfolio after nearly year and a half suspension
Property Portfolio suspended in December 2019 due to liquidity issues
M&G Investments is set to re-open its beleaguered £2bn Property Portfolio, which has been in limbo for the past 16-months, in May. 
The property fund was forced to close its doors on 4 December 2019 due to liquidity reasons after its independent valuer Knight Frank slashed the value of its retail holdings, prompting a wave of investors to head for the exit. 

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