DOOM: 'The dominos are starting to fall in the UK commercial property market'

[AtW]

"‘The dominos are starting to fall in the UK commercial property market, as yet another fund locks its doors on the back of outflows precipitated by the Brexit vote. It’s probably only a matter of time before we see other funds follow suit.

The problem these funds face is that it takes time to sell commercial property to meet withdrawals, and the cash buffers built up by the managers have been eroded by investors heading for the door, both in the run up to the EU referendum, and in the aftermath.

These managers will now be adding to the supply of commercial properties on the market, which is likely to put downward pressure on prices. Foreign investors might be tempted in by the fall in Sterling, but equally they may decide to steer well clear of an economy in limbo.""

Source: Pound plunges to new 31-year low as Mark Carney warns UK is 'entering period of uncertainty' and urges people to be 'prudent' over borrowing

said MauveMonkey when approached for comment.

[DodgyAgent]

"‘The dominos are starting to fall in the UK commercial property market, as yet another fund locks its doors on the back of outflows precipitated by the Brexit vote. It’s probably only a matter of time before we see other funds follow suit.

The problem these funds face is that it takes time to sell commercial property to meet withdrawals, and the cash buffers built up by the managers have been eroded by investors heading for the door, both in the run up to the EU referendum, and in the aftermath.

These managers will now be adding to the supply of commercial properties on the market, which is likely to put downward pressure on prices. Foreign investors might be tempted in by the fall in Sterling, but equally they may decide to steer well clear of an economy in limbo.""

Source: Pound plunges to new 31-year low as Mark Carney warns UK is 'entering period of uncertainty' and urges people to be 'prudent' over borrowing


said MauveMonkey when approached for comment.

It is a bit like saying if Google collapsed the world would come to a halt because no one would have access to the Internet

[glebe digital]

Cheaper commercial property should be a good thing?

As should residential, except when every leech in the river has a property portfolio......

[diseasex]

What i'm fearing the most is that the UK will be left as an empty shell and capital will go elsewhere...

:/

[eek]

Stupidly designed investment fund discovers its difficult to extract money immediately when there is a long sale lead time..

Absolutely nothing to see here folks..... (although it adds to the panic news which is I suppose the purpose..)

[diseasex]

Stupidly designed investment fund discovers its difficult to extract money immediately when there is a long sale lead time..

Absolutely nothing to see here folks..... (although it adds to the panic news which is I suppose the purpose..)

Yep, exactly.
On days like this media are fueling panic this way so traders can make money . question is whether by shorting or buy buying cheap..

[DodgyAgent]

What i'm fearing the most is that the UK will be left as an empty shell and capital will go elsewhere...

:/

Where else offers the same free market advanced society with a supportive rule of law? I find some of you people who denigrate the uK quite pathetic. I can imagine what it would be like with these people "in the trenches" . This whole brexit thing has been a battle between those who loathe Britain and those who love Britain. To those of you who clearly loathe Britain F**k off and live somewhere else and build your own CUK forum in your chosen country instead of coming on here and posting your whining garbage.

[GB9]

Commercial property investment flow fell by 50% in the first three months of the year.

Nothing to do with Brexit.

[diseasex]

Commercial property investment flow fell by 50% in the first three months of the year.

Nothing to do with Brexit.

I applaud your enthusiasm , but don't deny nothing happened...

[AtW]

Commercial property investment flow fell by 50% in the first three months of the year.

Nothing to do with Brexit.

Oh so during he first three months of the year NOBODY knew about Brexit referendum in June???

Big foreign companies were sitting on the fence until results were known - deals were delayed, that was obviously noticed so flow of new money into funds dropped.

Now people want to get their own money back and they can't!