Home Brexit

Brexit

LOOK AHEAD 2018: Political outcomes will lead to greater clarity for real estate

Investors will continue a flight to security as political stability remains a chief concern but the fog of Brexit should reveal a path ahead, forecasts David Seymour, real estate partner, at the law firm Ropes & Gray.

Asia investors pile in to London CRE

Despite Brexit and political uncertainty, Asia Pacific investors had their most active H1 in Central London for the last five years, according to Cushman & Wakefield.

UK election: the ‘result the markets feared’

Britain’s private real estate sector is ‘less attractive’ and could be in line for a ‘correction’ as a result of the country’s second surprise vote in 12 months, fear senior executives. 

Madison in £200m London City swoop

The direct secondaries specialist has purchased a 50% share in a collection of office buildings in London’s Paternoster Square from Oxford Properties, the real estate business of Canadian pension Ontario Municipal Employees Retirement System.

PERE Amsterdam: Investors turning back on UK

A conference poll on European investment trends revealed that global investors are looking to invest elsewhere over the next two years.

EXPO: NYC top foreign RE investment loction

New York overtook London where deal volumes dropped due to high pricing and the continuing fallout from Brexit, said a report from Cushman & Wakefield.

Standard Life to re-open UK fund next month

The Edinburgh-based real estate investment management platform of UK insurer Standard Life has offered more precise guidance of when it plans to re-open the open-ended UK retail property fund which it shuttered following the Brexit vote.

Standard Life, Henderson to lift fund suspensions in Q4

The decisions mean all seven UK firms which suspended trading on their UK property funds following Brexit have now either lifted the gating or announced when the vehicles will reopen. 

Canada Life lifts fund redemption suspension

The real estate investment management arm of insurer Canada Life is the first firm to life the trading suspension on its UK retail fund following the Brexit fallout. Three of the seven affected firms have yet to disclose their intension regarding their suspended funds.

Arlington double takes student portfolio past £500m

The Jersey-based investment firm has swelled its student accommodation portfolio to 7,800 beds. The firm’s founder George Schweiry believes the sector is well positioned to weather turbulence caused by Brexit.