LONDON, Sept 12 Fund manager Columbia
Threadneedle said on Monday it plans to lift the suspension in
trading of its UK retail property fund as investor sentiment in
the sector had steadied in the weeks following Britain's vote to
leave the European Union.
The Threadneedle UK Property Authorised Investment Fund,
which includes the Threadneedle UK Property Authorised Trust,
was one of several UK funds to be suspended after the June 23
vote amid concerns prices for commercial property would fall.
Since the July 6 suspension, however, the market had
settled, said Don Jordison, Managing Director of Property,
Columbia Threadneedle Investments.
The suspension would be lifted on Sept. 26, Threadneedle
(Reporting by Simon Jessop)