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UK commercial deals still strong despite Brexit

Contrary to some market watchers' fears, commercial property investment volume has not hit the bottom of the barrel but has risen 20% year-on-year

Published Mon, Feb 19, 2018 · 09:50 PM

Brexit

Singapore

BREXIT, the prospective withdrawal of the United Kingdom (UK) from the European Union, hasn't really hurt foreign investment into commercial property in Britain, real estate transaction data shows.

That said, market watchers say it remains to be seen if the bullishness will continue as the March 2019 Brexit deadline nears.

In an interview with The Business Times, Quah Kay Beng, founder and managing director of Trinity House Investments, said that contrary to the perception that Brexit has hurt investment sentiment in the UK, the reality is that commercial property prices have continued to rise post-Brexit.

Figures from JLL showed that commercial property investment volume in the UK rose 20 per cent yea…