The beleaguered managers of the $80 million AIMS Property Securities Fund will face the second consecutive vote on whether to wind up the struggling fund at a shareholder vote on Monday.
Activist investors Sandon Capital and Samuel Terry Asset Management have been pushing for a wind-up due to the significant discount the listed fund's stock is trading at compared to its net tangible assets.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
