06 February 2020 - Events
Figures out this week show that investment into UK commercial real estate fell fairly sharply in Q3.
Against that – and perhaps as a consequence of it – we have a survey from leading agency, Knight Frank, which has major real estate investors nominating the UK as their favourite target market. This is thought to reflect diminishing returns in other European countries as money has diverted from the UK in recent months.
And finally we still have the prospect of ‘no deal’ on Brexit and hence some commentators forecasting a potential drop of 10% or more in Sterling.
Could we be on the cusp of the UK property market’s Black Friday!
For more Brexit related news see our Brexit blog here.