Countdown to Brexit survey reveals rise in negative sentiment

Brexit

Source: Shutterstock/HAKINMHAN

Survey reveals more real estate professionals would opt to remain in the EU than before the referendum.

A year to the day since Theresa May triggered Article 50, our survey shows that despite investment levels remaining steady and the feared Brexodus not materialising, the industry is more pessimistic than it was in a poll conducted by Property Week before the Brexit vote.

More than two thirds (69.5%) said the vote had negatively affected the property market and a similar number (68.7%) thought the market would continue to be negatively affected when the UK leaves the EU. This is higher than the 61.2% that thought Brexit would be mainly negative for the UK commercial property market in a Property Week poll conducted in May 2016 in the lead-up to the referendum.

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