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Brexit offers UK office-buying boon: AustralianSuper

Good-quality assets are likely to become available that will be worth looking at, says pension fund's CIO

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Uncertainty surrounding the terms of Britain's exit and future access to the single market has seen top banks look to other European capitals for office space - raising doubts about London's prospects and causing the value of older buildings to decline.

London

BANKERS may be leaving London, but Britain's exit from the European Union (EU) could still offer opportunities to buy UK commercial real estate with the market in flux, according to Australia's largest pension fund.

AustralianSuper Pty, which...

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