Overseas investors: That was down from 36 percent almost a year ago and is the lowest reading since the survey began in 2014, according to Euro News. Overseas investors own a quarter of British commercial property, a share worth roughly 113 billion pounds in 2014, according to the British Property Federation. The Royal Institution of Chartered Surveyors said only five percent of its members reported increased demand from overseas investors for British commercial property in the last three months. Opinion polls have so far shown neither the ‘remain’ nor the ‘leave’ campaign emerging with a clear lead in the run-up to the June 23 referendum. It cited a slowdown in commercial property deals. Earlier this month the Bank of England said there were signs that the referendum was denting business investment.
(news.financializer.com). As
reported in the news.
Tagged under Overseas investors, topics.