What is Henderson New Star doing to address this liquidity problem?
Henderson New Star has reported that it is continuing to make progress in its steps to re-open the New Star International Property Fund. Positive signals began to emerge in global property markets in the early summer of 2009 as property investors generally reacted favourably to more optimistic news on the world economy. The fund’s manager has taken this opportunity to introduce liquidity by the prudent sale of appropriate property assets. These have included the sale of properties in Singapore, Paris and Japan. The fund continues to market properties and to progress discussions with interested buyers.
