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Daily Telegraph: "Property funds face scrutiny as investors find themselves locked out"

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"It began with Standard Life on Monday, then M&G followed on Tuesday. By Wednesday, six property funds had been suspended, after a rush by investors to retrieve their money in the wake of the Brexit vote.

"As the Bank of England warned of a 'future marked adjustment in commercial real estate prices', the outlook for the sector suddenly looked far less certain than it had before the referendum.

"Questions were being asked about the viability of major developments, the wider economic slowdown in the London market in particular, and whether funds would begin selling their stock to pay back investors.

"But is this the beginning of a phase of huge upheaval for the commercial property market? Or has the threat of Brexit just advanced a pattern that was already beginning, as the market reaches its natural peak?"

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