All Brexit news articles – Page 2
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Online
Real estate industry calls for clarity following Brexit vote
The real estate industry has called for clarity after Prime Minister Theresa May faced a historic loss on Tuesday night when her Brexit withdrawal bill was defeated in the House of Commons by a majority of 230 votes.
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Investors' real estate allocations catch up with targets
The gap between target investor allocations to real estate and actual allocations has narrowed significantly, according to the latest INREV investment intentions survey.
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News
PW readers expect values to fall at least 5% if no Brexit deal is agreed
Two thirds of Property Week readers expect commercial property values to fall by more than 5% this year if no Brexit deal is agreed and a third expect values to fall by more than 10%.
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Henley makes first Channel Islands purchase
Henley has made its first acquisition in the Channel Islands, partly because of Brexit.
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News
Landsec spends '£2-3m' on hard Brexit preparations
Rob Noel, chief executive of Landsec, has revealed that the UK’s largest listed property company has spent “two to three million pounds” on preparations for a hard Brexit.
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Online
'No-deal' Brexit could see capital values fall by up to 9%
A no-deal Brexit could hit capital values in UK commercial property by up to 9%, according to Capital Economics.
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Online
Housebuilders top FTSE 100 gains
Housebuilder shares rose on Wednesday after the chance of a no-deal Brexit receded slightly as MPs backed a motion allowing the House of Commons a say in the UK’s position if the government’s deal fails to win support next week.
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Warehouse space shortage gets worse ahead of Brexit
Chilled storage in particularly short supply as major supermarket chains and food producers stockpile goods.
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Online
BoE says disorderly Brexit could see commercial property values halve
The Bank of England has warned that commercial property values could fall by 48% in the event of a ‘disorderly’ Brexit scenario.
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Online
LondonMetric benefits from Brexit stockpiling
LondonMetric Property has said it is experiencing increasing demand from companies looking to stockpile products ahead of any disruptions in supply chains due to Brexit.
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Online
Brexit chaos causes mixed day for the market
Housebuilder share prices were rocked by on-going Brexit chaos on Thursday with Taylor Wimpey (-7.5%), Persimmon (-7.36%), Berkeley Group (-6.26%) and Barratt Developments (-1.14%) all recording losses at market close.
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Online
Brexit chaos causes housebuilder shares to crash
Shares in housebuilders fell dramatically this morning as Taylor Wimpey, Berkeley Group, Barratt Developments and Persimmon all saw loses of nearly 10% in morning trading as the UK was thrown into political turmoil over Brexit.
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Online
Grainger shares fall on rights issue
Shares in Grainger fell 4.5% on Wednesday to 275.8p after the company announced a discounted rights issue alongside plans to buy the share in GRIP REIT it didn’t already own from Dutch pension fund APG for £396m.
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News
Majority of SMEs want post-Brexit election
Three fifths (59%) of UK SMEs polled for the Citibase Business Confidence Index said they wanted a snap general election after Britain leaves the EU.
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News
'Brexit weighs on UK real estate industry'
Britain’s real estate industry remains pessimistic about its future prospects more than two years on from the Brexit vote, according to a new report by the global law firm CMS shared exclusively with Property Week .
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Online
REI poised to pounce on Brexit bargains with £30m war chest
Birmingham-based Real Estate Investors (REI) has revealed it has a £30m war chest ready to take advantage of any downturn due to Brexit negotiations.
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Online
Panasonic to take European head office out of Bracknell in Brexit-related move
Electronics giant Panasonic has announced plans to move its European headquarters from Bracknell to Amsterdam in October in move triggered by Brexit-related tax issues.
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Online
€20bn real estate fund assets to hit market in next decade
More than 90 European closed end non-listed real estate funds are scheduled to terminate in the next 10 years bringing €20.9bn of assets to the market by 2027 according to the latest INREV Funds Termination Study.
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News
Canary Wharf case could spell danger for UK landlords
Legal experts have said that a case brought by Canary Wharf Group against the European Medicines Agency (EMA) over whether or not Brexit has ‘frustrated’ the latter’s 25-year lease could have significant ramifications for landlords across the country.
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News
Two thirds of SMEs want to reverse Brexit process
In a turbulent week for both the Brexit process and the government, new research has found that two thirds (66%) of SMEs in the UK now want to remain in the EU.
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