After the Brexit vote last year, London’s commercial property market briefly fell into disarray. Investment volumes plummeted, deals fell through and property funds were forced to prevent immediate withdrawals of investors money.
Yet more than a year on, prices for some of London’s best-known buildings are hitting records. Trading of office buildings has ramped up and property agents are toasting some of the largest deals of their lifetimes.
Fears of a slump have been replaced by the exhilaration of a deal-making frenzy, while landlords are reporting strong appetite in the leasing market.
