Close disposes of Pip sub-fund investments

Stodell, Hannah
September 2009
Money Marketing;9/17/2009, p3
The article reports on the move of Close Investment to dispose the sub-fund investments on its property investment portfolio called Closepip in Great Britain. It indicates that Closepip is seeking to withdraw investments coming from liquid funds. AES International management director Sam Instone stresses that the move of Close Investment is a result of the distressed condition of the commercial and residential property markets in Great Britain.


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