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Event Date |
Thu Feb 8 UTC (10 months ago)
In your timezone (EST): Wed Feb 7 7:00pm - Wed Feb 7 7:00pm |
Region | All |
Open-ended property funds (or unit trusts or "PAIFs"), investing solely in physical property assets were closed to redemptions when the pandemic first hit the UK in March 2020. Their reasoning cited "Material Uncertainty Clauses" (MUCs) or "material valuation uncertainty" from their valuers.
Basically offices, hotels and other commercial premises became empty overnight. No one was buying or selling commercial property under these conditions.
2024 Speakers
Henry Butt
Director, AEW UK REIT plc
Laura Elkin
Portfolio Manager, AEW UK REIT plc
Will Fulton
Lead Manager, UK Commercial Property REIT, abrdn Investments Trusts