diff --git a/src/nb_type.cpp b/src/nb_type.cpp
index 1fc5c152..9ded2bf3 100644
--- a/src/nb_type.cpp
+++ b/src/nb_type.cpp
@@ -99,6 +99,8 @@ PyObject *inst_new_int(PyTypeObject *tp, PyObject * /* args */,
         self->clear_keep_alive = 0;
         self->intrusive = intrusive;
         self->unused = 0;
+
+        // Make the object compatible with nb_try_inc_ref (free-threaded builds only)
         nb_enable_try_inc_ref((PyObject *) self);
 
         // Update hash table that maps from C++ to Python instance
@@ -165,8 +167,15 @@ PyObject *inst_new_ext(PyTypeObject *tp, void *value) {
     self->clear_keep_alive = 0;
     self->intrusive = intrusive;
     self->unused = 0;
+
+    // Make the object compatible with nb_try_inc_ref (free-threaded builds only)
     nb_enable_try_inc_ref((PyObject *) self);
 
+    return (PyObject *) self;
+}
+
+/// Register the object constructed by 'inst_new_ext()' in the internal data structures
+static void inst_ext_register(PyObject *self, void *value) {
     nb_shard &shard = internals->shard(value);
     lock_shard guard(shard);
 
@@ -188,8 +197,7 @@ PyObject *inst_new_ext(PyTypeObject *tp, void *value) {
 
         nb_inst_seq *seq = nb_get_seq(entry);
         while (true) {
-            check((nb_inst *) seq->inst != self,
-                  "nanobind::detail::inst_new_ext(): duplicate instance!");
+            check(seq->inst != self, "nanobind::detail::inst_new_ext(): duplicate instance!");
             if (!seq->next)
                 break;
             seq = seq->next;
@@ -203,10 +211,9 @@ PyObject *inst_new_ext(PyTypeObject *tp, void *value) {
         next->next = nullptr;
         seq->next = next;
     }
-
-    return (PyObject *) self;
 }
 
+
 static void inst_dealloc(PyObject *self) {
     PyTypeObject *tp = Py_TYPE(self);
     const type_data *t = nb_type_data(tp);
@@ -1737,6 +1744,9 @@ static PyObject *nb_type_put_common(void *value, type_data *t, rv_policy rvp,
     if (intrusive)
         t->set_self_py(new_value, (PyObject *) inst);
 
+    if (!create_new)
+        inst_ext_register((PyObject *) inst, value);
+
     return (PyObject *) inst;
 }
 
@@ -1763,7 +1773,7 @@ PyObject *nb_type_put(const std::type_info *cpp_type,
         return true;
     };
 
-    if (rvp != rv_policy::copy) {
+    if (rvp != rv_policy::copy && rvp != rv_policy::move) {
         nb_shard &shard = internals_->shard(value);
         lock_shard guard(shard);
 
@@ -1847,7 +1857,7 @@ PyObject *nb_type_put_p(const std::type_info *cpp_type,
         return true;
     };
 
-    if (rvp != rv_policy::copy) {
+    if (rvp != rv_policy::copy && rvp != rv_policy::move) {
         nb_shard &shard = internals_->shard(value);
         lock_shard guard(shard);
 
@@ -2082,6 +2092,7 @@ PyObject *nb_inst_reference(PyTypeObject *t, void *ptr, PyObject *parent) {
     nbi->state = nb_inst::state_ready;
     if (parent)
         keep_alive(result, parent);
+    inst_ext_register(result, ptr);
     return result;
 }
 
@@ -2092,6 +2103,7 @@ PyObject *nb_inst_take_ownership(PyTypeObject *t, void *ptr) {
     nb_inst *nbi = (nb_inst *) result;
     nbi->destruct = nbi->cpp_delete = true;
     nbi->state = nb_inst::state_ready;
+    inst_ext_register(result, ptr);
     return result;
 }
 
diff --git a/tests/test_thread.cpp b/tests/test_thread.cpp
index 54181b7b..97e82960 100644
--- a/tests/test_thread.cpp
+++ b/tests/test_thread.cpp
@@ -16,6 +16,23 @@ struct GlobalData {} global_data;
 
 nb::ft_mutex mutex;
 
+struct ClassWithProperty {
+public:
+    ClassWithProperty(int value): value_(value) {}
+    int get_prop() const { return value_; }
+private:
+    int value_;
+};
+
+class ClassWithClassProperty {
+public:
+    ClassWithClassProperty(ClassWithProperty value) : value_(std::move(value)) {};
+    const ClassWithProperty& get_prop() const { return value_; }
+private:
+    ClassWithProperty value_;
+};
+
+
 NB_MODULE(test_thread_ext, m) {
     nb::class_<Counter>(m, "Counter")
         .def(nb::init<>())
@@ -39,4 +56,16 @@ NB_MODULE(test_thread_ext, m) {
 
     nb::class_<GlobalData>(m, "GlobalData")
         .def_static("get", [] { return &global_data; }, nb::rv_policy::reference);
+
+    nb::class_<ClassWithProperty>(m, "ClassWithProperty")
+        .def(nb::init<int>(), nb::arg("value"))
+        .def_prop_ro("prop2", &ClassWithProperty::get_prop);
+
+    nb::class_<ClassWithClassProperty>(m, "ClassWithClassProperty")
+        .def(
+          "__init__",
+          [](ClassWithClassProperty* self, ClassWithProperty value) {
+            new (self) ClassWithClassProperty(std::move(value));
+          }, nb::arg("value"))
+        .def_prop_ro("prop1", &ClassWithClassProperty::get_prop);
 }
diff --git a/tests/test_thread.py b/tests/test_thread.py
index 1dd05af9..2a179862 100644
--- a/tests/test_thread.py
+++ b/tests/test_thread.py
@@ -1,5 +1,5 @@
 import test_thread_ext as t
-from test_thread_ext import Counter, GlobalData
+from test_thread_ext import Counter, GlobalData, ClassWithProperty, ClassWithClassProperty
 from common import parallelize
 
 def test01_object_creation(n_threads=8):
@@ -88,3 +88,15 @@ def f():
             GlobalData.get()
 
     parallelize(f, n_threads=n_threads)
+
+
+def test07_access_attributes(n_threads=8):
+    n = 1000
+    c1 = ClassWithProperty(123)
+    c2 = ClassWithClassProperty(c1)
+
+    def f():
+        for i in range(n):
+            _ = c2.prop1.prop2
+
+    parallelize(f, n_threads=n_threads)