In the wake of the UK’s “Freedom Day” easing of Covid restrictions, investor optimism for real estate funds gained ground in July, reflected in significantly decreased outflows compared with previous months.
Investors pulled £94m from UK property funds in July – which, although still a considerable outflow, was a marked improvement on the £249m outflows in June and £414m outflows in May.
Since fund suspensions were lifted in the autumn, UK property outflows have averaged at £267m per month, according to fund network Calastone, who compiled the figures.
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