Fund manager Prupim has made around 20 redundancies in light of the difficult financial climate.
Prupim, one of the UK’s leading property fund managers, said it had completed the consultation period for UK staff.
Prupim said: ‘Prupim confirms that in light of the continuing challenging financial and economic climate, it has had to take the difficult but necessary decision to look at reducing headcount.
‘It has identified a number of surplus roles, around 20 in total. Prupim has completed a period of consultation with the affected staff and to whom notices of redundancies have been issued. All the affected staff are based in the UK.’