Hipgnosis rival suitors ‘could not justify’ paying higher price than Blackstone-backed bid
$440m (£359m) bid for a fifth of the trust’s portfolio to be voted on this week
$440m (£359m) bid for a fifth of the trust’s portfolio to be voted on this week
If approved, the firm anticipates an initial distribution to be made in Q1 next year
Defers redemptions in Property Life and Property Pension funds
Bringing 43 year investment career to a close
Semiconductor and automation sectores to gain from global supply chain relocation, according to macro commentators
M&G and Canada Life have announced their intention to close UK property strategies in the last seven days
Sector has been hit with waves of redemptions in recent years
Ahead of looming continuation vote
UK CPI is ‘trapped between the push and pull of prices at the pump and those on supermarket shelves’, warn experts
ASCI’s average discount over the last 12 months stands at 13.2%
7.8% increase between June and August
And will vote against continuation at 26 October AGM and EGM