Property
Alternatives | 4 Jul 16
SLI suspends UK Real Estate Fund, property shares hit
Financial services giant Standard Life Investments (SLI) has suspended all trading in its UK Real Estate Fund following an increase in redemption requests, triggering share sales in property and asset management companies.
HMRC revenue from tax on ‘enveloped’ properties soars by 50%
The UK tax office has raised £174m ($255m, €220m) from a tax on British homes owned by companies, latest data from London and Geneva-based law firm Collyer Bristow suggests.
Expect specialisation to continue to power property market – BlackRock
The South African property market is likely to soon see a transition from the current ‘gobble-up’ diversified approach to a more specialised one, said Steve Ralff, director and global product strategist at the BlackRock Real Estate Securities Group.
Morningstar flags up UK commercial property slowdown
Morningstar has warned of a continued slowdown in the United Kingdom’s commercial property market.
Middle East | 15 Feb 16
DFSA amends property fund rules; to offer more online services
The Dubai Financial Services Authority (DFSA) has amended its rules for specialist property funds, and has begun a consultation on extending the range of transactions that it will offer online.