Companies that invest in British real estate is pressed when anxious savers to move their money. Three large investors now have stopped the trade of shares in its real estate funds; companies have been short of cash because it is not possible to translate commercial properties so quickly that they can meet the demands of all customers concerned about the imminent British withdrawal from the EU.
Insurance Standard Life and Aviva as finance house M & amp ; G Investments this week announced the suspension of trading in its real estate funds, temporarily. Aviva tells that the company plans an “orderly closure” of assets to meet customer requirements.
The price of commercial real estate in the UK will be pushed down, assesses Laith Khalaf, a senior analyst at investment company Hargreaves Lansdown, who describes it as “dominoes have begun to fall.”
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