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Achieving Commercial Real Estate Success Post-Brexit
As the United Kingdom's exit from the European Union barrels ahead — pending any additional hiccups or delays — international business owners in American cities with interests in the UK or EU nations have been anxiously watching the proverbial train wreck that is Brexit and trying to ascertain its impact on their international operations.
It is unclear exactly how the UK's departure will be executed and exactly what the impact on the international commercial real estate marketplace will be as government officials in the UK continue their struggle to map the country's exit, now set for October 31.
Yet global investments around the world continue to increase in tandem with steady economic and employment growth in key global markets, including Europe, despite Brexit, according to Deloitte's 2019 Commercial Real Estate Outlook. And, although most investors remain committed to the commercial real estate industry, some CEOs have expressed concern about the stability of a post-Brexit Europe and are focused on minimizing potential instability as it affects their companies.
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