London remains the center of global investment despite the BREXIT

Despite the fact that many banks and financial institutions have stated that leaving London, the capital of the United Kingdom will remain an attractive place for investment in commercial property. Some organizations, indeed, are already considering the issue of translation of their offices in Frankfurt or Berlin because of a British exit from the European Union. But a new report by JLL shows that some of these companies and they constitute a minor share.

JLL predicts that in 2017, still is not complete clarity regarding the terms BREXIT and the growth of the UK economy will slow down somewhat, however, the UK economy continues to look stronger than other developed countries. Moreover, in 2017, the UK will see growth of investments in comparison with the current year, particularly as it will affect alternative investment markets, such as the pension sector.

London will still be seen as an attractive city to work, due to the greater number of jobs, flexibility of labour law and language advantages.

We will see an increase in demand for financial and technological sectors, not only in London but in other UK cities, developing these sectors of the economy.

Despite the gloomy forecasts, many students of the city universities, such as Oxford, Cambridge, Manchester, Birmingham, bath, graduating, not to leave the country and prefer to work in the UK. The government needs to develop the technological sector and to Finance the housing sector. Thanks to its unique traditions in education, culture, economy and authenticity, the UK will still remain a tasty morsel for investors from around the world.

® Helen Entree. G. 12.01.2016

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