BlackRock UK Property Fund Suspends Withdrawal Requests

Posted on 01/04/2023

BlackRock Inc. suspended withdrawal requests from investors in its £3.5 billion fund called the BlackRock UK Property Fund. The money manager will defer redemption requests made at the end of September 2022 and due around now. The BlackRock UK Property Fund is based in Jersey and is only open to professional investors. U.K. property funds have suspended redemptions at times of market stress in recent years.

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