Commercial property market set for Brexit buffeting



Britain’s commercial property market could undergo a “short sharp” adjustment as uncertainty mounts during the Brexit negotiations, a new report has suggested.
The study, by M&G Real Estate, said capital values could fall by as much as 10 per cent, but any drop would be short-term.
It said anecdotal evidence suggested overseas buyers were looking to take advantage of the slump in the value of the pound to 31-year lows.
READ MORE: Fears over ‘hard Brexit’ push pound to 31-year low
“Indeed, Brexit appears to largely be a domestic concern, with overseas investors continuing to target the... read more

 
5 October 2016 in Business, Views: 43
Source: Scotsman
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30