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The Washington, DC-based private equity firm is due to close on a much larger equity haul for its new real estate strategy by the end of the year.
Columbia Threadneedle Investments and Canada Life have now suspended trading on their UK retail property funds in the aftermath of Britain’s EU referendum result.
Fund accounting and custody services are the most likely operations to be contracted outside a real estate firm, according to a new study that also measured managers’ market sentiment.
While some changes have been made, fees and transparency remain an ongoing issue for investors and managers.