St. James's Place Announces Closure of £1.8 Billion UK Property Funds

In a significant strategic shift, St. James's Place, a prominent wealth management firm based in the UK, has made the decision to close its £1.8 billion portfolio dedicated to property investments. This move, revealed in late November 2023, is part of the company's broader restructuring efforts as it navigates challenges in the real estate market and seeks to redirect its focus towards more favorable investment avenues.

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