How will Brexit influence U.K. Real Estate?

Summary

-What effect has the United Kingdom’s vote to leave the European Union had on commercial real estate investments?

-By one metric, U.K. commercial real estate lost 2.4% in capital growth during the third quarter, as measured by MSCI’s IPD UK Quarterly Property Index, which is based on appraisals.

-Transaction prices are not included in this measure; looking at what assets sold for relative to their prior valuations can provide insight into the pricing pressures affecting the U.K. market.

Full Article