Henderson Global Investors is the latest firm to suspend trading in its UK property fund.
Henderson Global Investors is the latest firm to suspend trading in its UK property fund.
Henderson has a fund of £3.9bn spread across commercial property assets in the UK.
A statement from Henderson said: "With effect from 12 noon on 5 July 2016 Henderson Investment Funds Limited have temporarily suspended dealing in the Henderson UK Property PAIF and its associated Henderson UK Property Feeder Fund due to exceptional circumstances.
"The suspension has been implemented to safeguard the interests of all investors. Uncertainty generated by the European Union referendum has has a negative impact on market sentiment and led to substantial withdrawals from property funds.
"The dealing suspension will allow for an orderly sale of some properties and help to ensure that the strong attributes of the portfolio in terms of attributes and mix of properties and quality tenant base are not compromised."
Standard Life, Aviva Investors and M&G have also stopped trading.
In total there isnow around £13bn of savers’ money now locked up in commercial property funds.
