UK-based property investment manager Invista Real Estate said in a trading update that its assets under management fell by £500 mln (EUR 631mln) to £8.2bn in the five months to end-May, due to continuing investment outflows and the devaluation of the underlying property assets. The company said outflows from open-ended funds totalled £150 mln, with another £350 mln of net outflows and revaluations across all its funds.
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