Overseas demand expected to support recovery in UK commercial property

Bengaluru

DEMAND from overseas investors is expected to support British commercial property this year even as the UK prepares to leave the European Union, an industry survey showed on Thursday.

The pound's slide continued to lure foreign investors over the final quarter of 2016.

But the quarterly survey from the Royal Institution of Chartered Surveyors indicated negative growth expectations for London commercial property values amid fears the capital will bear the brunt of any Brexit-…