The European boss of a leading commercial estate agency says opportunistic buyers are waiting to pick up London properties at knockdown prices if the UK’s departure from the European Union goes badly.
The comment from Guy Grainger, JLL’s chief executive for Europe, the Middle East and Africa, at the Mipim property conference in the south of France, came during a day of drama in Westminster, as MPs overwhelmingly rejected Prime Minister Theresa May’s preferred Brexit deal for a second time.
