Property Funds Slump on Standard Life Redemption Freeze: Chart

Publicly-traded property funds in Britain tumbled after Standard Life Investments suspended trading in its 2.9 billion-pound ($3.8 billion) U.K. Real Estate fund on Monday as redemptions surged. Shares in the F&C Commercial Property Trust slumped to the lowest since 2011 on concern that prices for offices, shops and warehouses will fall after the vote to leave the European Union.

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