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UK property fund outflows hit £184m amid mini-budget and growth plan chaos
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Investors pulled more than £180m from UK property funds during October, making it the worst month for the sector since June 2021 when the delta variant of Covid was at its peak.
Data from Calastone show a spike in sell orders for UK property funds last month in the weeks following the UK government's mini-budget announcement at the end of September.
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