Brandeaux delists student accommodation fund
Property investment firm Brandeaux has delisted its Student Accommodation Fund from the Irish Stock Exchange.
The move follows the suspension of the £1 billion fund last July, after it struggled to satisfy a run of redemption requests. New redemptions and subscriptions have been on hold since then.
In an update to investors on 16 April, Brandeaux claimed that the delisting would provide “flexibility” as it pursued ways to liquidate the fund …