Columbia Threadneedle is to lift the temporary dealing suspension on the Threadneedle UK Property Authorised Investment Fund (PAIF) and its feeder fund, the Threadneedle UK Property Authorised Trust, on 17 September.
The reopening follows confirmation from its independent valuer CBRE that it has removed the Material Uncertainty Clause from the assets held by the fund, which it deployed in March during the coronavirus crisis market sell-off. The £1bn Threadneedle PAIF and its feeder fund, which invest in physical UK commercial property, temporarily suspended dealing on 18 March. St. James's Place reopens property fund as ASI eyes 30 September end to suspension The announcement comes after the Royal Institution of Chartered Surveyors (RICS) recommended this morning (9 September) a "general liftin...
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