Brexit leads to 31% collapse in UK property volume in 1H19 - RCA

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Brexit leads to 31% collapse in UK property volume in 1H19 - RCA

Data published by Real Capital Analytics (RCA) suggests that the volume of UK property transactions fell by 31% to some €23.4bn in the first six months of 2019, when compared to the same period a year ago. RCA lays the blame squarely on Brexit concerns, which overlay an overall cooling of the commercial property market across the Europe region, albeit with a few exceptions. Its data suggest that the second quarter of 2019 was the slowest for property investment since 2012, with both cross ...

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