Investors will continue a flight to security as political stability remains a chief concern but the fog of Brexit should reveal a path ahead, forecasts David Seymour, real estate partner, at the law firm Ropes & Gray.
The direct secondaries specialist has purchased a 50% share in a collection of office buildings in London’s Paternoster Square from Oxford Properties, the real estate business of Canadian pension Ontario Municipal Employees Retirement System.
The Edinburgh-based real estate investment management platform of UK insurer Standard Life has offered more precise guidance of when it plans to re-open the open-ended UK retail property fund which it shuttered following the Brexit vote.
The real estate investment management arm of insurer Canada Life is the first firm to life the trading suspension on its UK retail fund following the Brexit fallout. Three of the seven affected firms have yet to disclose their intension regarding their suspended funds.