Columbia Threadneedle has lifted the temporary dealing suspension it imposed on the CT UK Property Authorised Investment fund more than four months after it first suspended dealing.
Alongside its feeder fund, CT UK PAIF will be open to dealing from 12.01pm on 28 February, with the first valuation of the funds occurring the following day (1 March). The suspension comprised part of the open-ended property market's third wave in five years, with BlackRock and Schroders imposing redemption limits in response to tight liquidity. Following a "significant increase in redemption requests", the £358m CT UK PAIF suspended dealing on 10 October 2022 to enable an orderly sale of assets to meet redemption requests. UK property fund Q3 redemption deferrals extend to CBRE ...
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