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July 22, 2016 Comments Off on Analysts Call for 25% Drop in UK CRE Prices Views: 598 National News, New York, Northeast

Analysts Call for 25% Drop in UK CRE Prices

Though UK funds with exposure to commercial real estate in and around Britain have yet to be open for trading following suspension due to Brexit, experts point out additional issues. Specifically, analysts with Société General suggest the British property cycle is reaching its peak, further aggravated by new supply coming online, and that in the pipeline.

There are also concerns about a financial sector exodus resulting from Brexit. As such, analysts are forecasting a 25% decrease in UK commercial real estate prices.

However, Derek Jacobson at New York City-based Madison International Realty, said now is a good time to invest in that market. He plans to deploy a “proportionate amount” of the $1.4 billion he raised into UK commercial real estate.

Read More at CNBC

Connect with Madison Realty’s Jacobson

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