The Brexit impasse is contributing to perceptions that the UK Commercial Property Market is in the downturn phase of the property cycle, according to the Q3 2019 RICS UK Commercial Property Market Survey.
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Fears of a fall in commercial property transactions following Brexit have been shrugged off as purchases by investors hit a nine-year high
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According to the recent article by Reuters British commercial property values rose at their slowest rate for three months in January.
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In this recent article REUTERS discusses how overseas investors are going to support British commercial property this year even as the UK prepares to leave the European Union, an industry survey showed on Thursday.
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In November came the first signs that the commercial property market may have turned the corner, following the June Brexit vote last year which hit it very hard. So is commercial property back on the rise?
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There is good news for the UK commercial property market with the demand for London and regional UK property remaining strong. Likewise, the weakness of sterling has added to the attractions of UK commercial property assets for overseas investors. Find out what a hard Brexit means for the UK commercial property market.
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