A 4th firm has frozen trading in its UK property fund

Henderson Global Investors suspended all trading in two of its property funds, becoming the fourth firm to do so as investors flee for the exits in the wake of the UK's vote to leave the European Union.

It follows the decision of M&G on Tuesday suspend its £4.4 billion ($5.3 billion) fund late on Tuesday, and other investment groups Standard Life and Aviva.

Here's the statement from Henderson:

"Despite a strong underlying portfolio, the decision was taken due to exceptional liquidity pressures on the funds, as a result of uncertainty following the EU Referendum and the recent suspension of other direct property funds."

"The £3.9 billion Henderson UK Property PAIF has delivered to investors in line with its investments objectives. The portfolio remains well positioned in core properties with high quality tenants, with the managers continuing to focus on delivering an attractive income stream."

It means around £13 billion of UK property investments have now been locked in, as a result of investors trying to pull cash out in the wake of the Brexit vote.

Jefferies warned in a note on Tuesday that: "2016 is shaping up to be a rerun of 2007, with real estate open-ended funds having switched from monthly to weekly valuations and cut pricing by -5% last week given the uncertainty of real estate valuation since the Brexit vote."

Shares in property companies and banks have taken a big hit since the June referendum.

Here's the chart of Barratt Developments: