As of 12 noon on 18 March 2020, St. James’s Place suspended dealing on our range of three UK commercial property funds.
Property valuers across the market, including our independent valuer CBRE, are unable to accurately or fairly value the properties within funds. The inability to accurately price property funds is a challenge for the entire property investment sector, rather than St. James's Place funds in isolation. Read more information.
At this stage, we do not know when the funds will re-open and it could be an extended period until they do. It is important to view this change within the context of a long-term investment horizon.