News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Real Estate

Brexit clouds the outlook for UK property, agency warns

Analysts at real estate agency Avison Young have weighed up the short term outlook for UK assets

Property developers are sitting on their hands until the UK's Brexit path becomes clearer, new report warns
Property developers are sitting on their hands until the UK's Brexit path becomes clearer, new report warns Photo: Getty Images

Reduced dealmaking, dampened sentiment from developers and falling house prices will be the short term effects of Brexit on UK property markets, a top real estate agency has warned.

With just weeks to go until the UK leaves the European Union, there remains little clarity on the terms under which it will do so, leading analysts to predict a dearth of deals in the investment markets.

WSJ Logo