Bad market MOJO
UK property market is collapsing. The biggest exodus ever due to lockdowns,since they arent back to working in offices and rentals dont have to pay until March 2022. The problems suffered by these funds are a feature, not a bug, of an industry whose structure has been under question for over two years. The fundamental issue is the glaring mismatch between the daily liquidity the funds offer investors and the illiquidity of most of the assets they hold. As they shut down permanently investors are SOL.
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