A no-deal Brexit could hit commercial property prices by 48%, the Bank of England says, but not all agree
At the end of last month, the Bank of England warned that commercial property values could fall by 48% in the event of a ‘disorderly’ Brexit – more than the 42% fall recorded in the aftermath of the global financial crisis.
By contrast, Capital Economics predicted at the end of last week that a no-deal Brexit would result in a reduction in values of between 5% and 9%.
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