For every cloud, there’s a silver lining. While UK commercial real estate prices could fall by 13% in the 18 months following the Brexit vote, according to Chris Simmons of Real Estate Forecasting, this price erosion is creating a buying opportunity for some investment firms.
Investors might have to move quickly to buy real estate assets, or companies with valuable underlying real estate, however, as the window of opportunity may be short-lived, some market participants believe.