Property funds "ill-suited" means of investment

Stock market generic

Source: Shutterstock/ Phongphan

Peel Hunt has warned that open-ended funds are an “ill-suited means of real estate investment” and suggested that further turmoil may ultimately benefit REITs.

In an investor note, analysts the firm said Brexit uncertainty and retail landlord woes were putting open-ended funds under duress as retail investors look to exit the vehicles.

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