04 Dec

What does the M&G property fund own?

Shopping centres in Glasgow, Maidstone and Bridgend are among the fund’s holdingsM&G suspends £2.5bn property fundM&G, which recently split from its parent Prudential, has temporarily suspended dealings in its property portfolio. It said Brexit-related political uncertainty and structural shifts in the UK retail sector had made it difficult to sell commercial property to meet demand from investors to have their cash returned.M&G’s top holdings at the end of October 2019 were: Continue reading…

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