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Most global investors intend to keep their assets in the UK, despite the Brexit

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Global investors remain committed to the market the UK real estate despite the uncertainty associated with Brexit.

A study conducted by 60 world leaders investment, which together manage more than $600 billion of assets in the real estate market in summit, RE-Invest Summit at MIPIM in Cannes, revealed that 46% of investors intend to maintain their level of investment in UK property and after running 50 articles, triggering a British exit from the European Union. Meanwhile, 44% of respondents said they intend to reduce the amount of its investment, and only 10% said that they expect the complete cessation of investment.

When summit participants asked what the city outside the UK is likely to benefit from the UK out of the EU, about 30% said they do not see the benefits to other cities and, in their opinion, London will remain in the status as a global financial center, regardless, will leave the UK the EU or not.

Approximately 23% of respondents believe that Frankfurt is likely to be the main beneficiary of Brexit, while 22% spoke in favour of Dublin. Some companies even stated that they are ready to move to these cities to stay in the Union.

The study demonstrates the strong appetite of global investors to the market of real estate of great Britain.
Of course, the situation with Brexit impact on investor sentiment. But most investors continue to keep a greater share of their assets in UK property, as they consider that the risks in other parts of the world even higher.

 

® Alice Morgan. 16.08.2017 G.

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