{"id":3306,"date":"2020-01-09T04:05:16","date_gmt":"2020-01-09T04:05:16","guid":{"rendered":"https:\/\/www.asadkarim.co.uk\/?p=3306"},"modified":"2020-01-06T08:03:34","modified_gmt":"2020-01-06T08:03:34","slug":"the-mg-property-fund","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=3306","title":{"rendered":"The M&#038;G property fund"},"content":{"rendered":"\n<p>M&amp;G, the UK investment house, is in the press at the moment regarding its property fund. M&amp;G temporarily suspended dealings in its property portfolio. It said Brexit-related political uncertainty and structural shifts in the UK retail sector had made it difficult to sell commercial property to meet demand from investors to have their cash returned M&amp;G\u2019s top holdings at the end of October 2019 were:-<\/p>\n\n\n\n<p>1 New Square, Bedfont Lakes office park \u2013 7.09% of the fund (Office development in Heathrow) <\/p>\n\n\n\n<p>2 Wales Designer Outlet, Bridgend \u2013 5.07% (Tenants include Marks &amp; Spencer, Gap and Next) <\/p>\n\n\n\n<p>3 Parc Trostre retail park, Llanelli, Wales \u2013 4.5% (Tenants include M&amp;S, Debenhams, New Look, Primark, River Island and Next) <\/p>\n\n\n\n<p>4 Fremlin Walk shopping centre, Maidstone \u2013 3.47% (Tenants include House of Fraser, Laura Ashley, HMV, Paperchase, River Island, Superdry, Topshop and Zara) <\/p>\n\n\n\n<p>5 Iron Mountain distribution warehouse, Belvedere, Kent \u2013 3.41% <\/p>\n\n\n\n<p>6 Riverside retail park, Chelmsford \u2013 3.39% (Tenants include Sports Direct, Matalan, Home Bargains, Poundstretcher, Smyths Toys) <\/p>\n\n\n\n<p>7 Aurora, 120 Bothwell Street, Glasgow \u2013 3.21% (Office building) <\/p>\n\n\n\n<p>8 Gracechurch Centre, Sutton Coldfield near Birmingham \u2013 2.82% (Tenants include House of Fraser, New Look, Sports Direct, Topshop, River Island and JD Sports) <\/p>\n\n\n\n<p>9 Enterprises House, Uxbridge \u2013 2.47% (UK and European headquarters for Coca-Cola) <\/p>\n\n\n\n<p>10 Lindis retail park, Lincoln \u2013 2.42% (Tenants include Sainsbury\u2019s, Matalan, Bargain Buys and Domino\u2019s) <\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&amp;G, the UK investment house, is in the press at the moment regarding its property fund. M&amp;G temporarily suspended dealings in its property portfolio. It said Brexit-related political uncertainty and structural shifts in the UK retail sector had made it difficult to sell commercial property to meet demand from investors to have their cash returned [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3306","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/3306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3306"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/3306\/revisions"}],"predecessor-version":[{"id":3307,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/3306\/revisions\/3307"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}