UK commercial property trust discounts have been widening over the year, with several now in double-digit territory following recent falls in investor sentiment.
A number of trusts in the sector saw their discounts suddenly widen last month, in reaction to increasing uncertainty around Brexit negotiations as the UK's exit from the EU looms closer, further blows for the retail sector and the recent market sell-off. UK property markets 'still resilient' despite ongoing Brexit nervousness Commenting on the moves, Rasmus Soegaard, co-manager of the £9bn multi-asset Cirilium funds at Quilter Investors, said: "There have been some specific issues this year, like the well-publicised store closures at some major retailers, which will have led to some ...
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