Property looks beyond Brexit at MIPIM UK

The UK’s economic and political future may well be determined by Brexit, but according to some on EG’s MIPIM UK panel to discuss the future of the country’s real estate, the industry is already bored of focusing on the B-word and is trying to determine its own future.

Mat Oakley, Savills’ head of European commercial research, said that although Brexit is having an impact on investment volumes in the UK, which are down by 29% year-on-year, deal making has dropped elsewhere in the world too, including in Brazil where volumes have halved. This, Oakley said,