UK landlords scope out office bargains as Brexit vote bites

London

BRITISH landlords were bracing for a drop in commercial property values due to an exodus of tenants after Britain voted to exit the European Union. While property prices fell in sympathy with the glum market sentiment, most occupants stayed put.

This translated into bargains for savvy real estate companies looking to buy properties on the cheap and for investors who wanted to increase their stakes in landlords doing so.