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Property funds worth £18 billion have stopped trading after Brexit sent a chill through the commercial property market. [...]
The fear was that too many property investors would try to take their money out at once, forcing fund managers to sell properties at a loss. [...]
The Bank of England has warned that the share prices of UK real estate investment trusts have fallen sharply following the referendum.
— Independent
Read more about the effects of Brexit on archinect:Creative Currency, post-BrexitPost-Brexit pessimism causes precautionary job lossesAfter Brexit, “the priority for the government at this time will not be big sexy projects”Architects react to shocking EU referendum result View full entry
