Standard Life suspends trading in UK property fund

mwpt

Thrugelmir wrote: »

I'm looking forward not back. Opportunities have to be taken as they arise. The world isn't standing still while people ponder.

I suggest we deal with this problem in a going forward manner. Fantastic!

CLAPTON

ruggedtoast wrote: »

I appreciate that trying to correct your many misapprehensions is rather like trying to herd 10,000 stampeding cats into a broom cupboard using a dandelion stem but, here goes...

This is a commercial property fund. Investors in the fund are so negative on their outlook for British people and businesses to be able to spend money thanks to you and your mates voting Leave, that they are bailing out en masse.

This isn't an announcement for the 800,000 new homes on greenfield sites that we need to alleviate the property crisis, all of which will be opposed by an army of Claptons in case it means 3 new parking spaces have to be added to the village M&S.

Its also a pretty clear signal that investors are now pulling out of the UK.

So, thanks for that.

maybe make it absolutley clear

you welcome foreign hot money buying up commercial property in the UK and forcing up rents so business costs are high here?

I have no problem with the price of commercial property falling and yields falling too.

Thrugelmir

mwpt wrote: »

I suggest we deal with this problem in a going forward manner. Fantastic!

What do you do every morning get up, and fret and moan? Or do you take the challenges of the day in your stride. Be productive and efficient, do the best possible job.

Life has plenty of down moments. Brexit is a breeze in the bigger scheme of things.

ruggedtoast

CLAPTON wrote: »

maybe make it absolutley clear

you welcome foreign hot money buying up commercial property in the UK and forcing up rents so business costs are high here?

I have no problem with the price of commercial property falling and yields falling too.

With a bit of luck some of your pension fund is in there.

Kohoutek

Thrugelmir wrote: »

Life has plenty of down moments. Brexit is a breeze in the bigger scheme of things.

Unless of course you work in one of the many sectors which will be hit by Brexit...

mystic_trev

voodle wrote: »

Congrats to the £ for going lower than I've seen or has been recorded in my 33 year lifespan.

That's incorrect.

In February 1985 the pound was virtually par with the USD. Six years later in February 1991 there were nearly two USD's to the pound. I don't remember the sky falling in during that time!

CLAPTON

ruggedtoast wrote: »

With a bit of luck some of your pension fund is in there.

why ever do you want higher commercial property prices and higher yields : is that part of the Corbyn dream?

DiggerUK

It seems that three more have frozen operations. False flag Brexit blamed again, a Bremain vote would not have stopped any of this
How many of these funds are there?..._

https://www.theguardian.com/business/2016/jul/06/more-property-funds-suspended-as-brexit-tremors-continue-in-the-city

globalds

Never seen such a bunch of bad losers ..

This is reading like the house price crash bunch ..

Tell you what lad's ..Go and buy Gold and Bitcoins ..This is the big one ,

See you on the other side when things are still here and the sky hasn't fallen in

ruggedtoast

mystic_trev wrote: »

That's incorrect.

In February 1985 the pound was virtually par with the USD. Six years later in February 1991 there were nearly two USD's to the pound. I don't remember the sky falling in during that time!

Yes, but we were in Europe then.