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29/10/08
19:27
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The reason all the listed property funds are falling is....
The Goverment Bank Guarentee.
Fear and Panic!
AXA AMP and Perpetual have frozen redemptions but you can still sell LPT on the markets.People who had money in mortgages also bought LPT's
check this link.
http://www.smh.com.au/news/business/money/investment/fund-halts-exodus/2008/10/27/1224955947834.html?sssdmh=dm16.342591
There may be some other reason for the fall so please let me know.......
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