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Property Investment Grew Prior to Brexit Vote, says LSH

Investment into the UK’s property market increased in the second quarter of 2016, according to new research from Lambert Smith Hampton.

UK Property Investment Pre-Brexit

Investment into the UK’s property market increased in the second quarter of 2016, according to new research from Lambert Smith Hampton.

The UK Investment Transactions report, published by the commercial property specialist, revealed that despite concerns of a slowdown in the market ahead of the Brexit vote, the value of property investment transactions increased in Q2 2016.


LSH recorded an increase of 42% year-on-year, with the UK property market generating £501m from April to June, compared to the £353m of investment seen in Q2 2015.


Commenting on the figures, Abid Jaffry, head of the northern capital markets team at LSH, said:


‘There’s no doubt that the Brexit result has had an effect on the investment market with a downturn in pricing, but the amounts feel like a pricing correction rather than the wide scale adverse price drops predicted, which should give investors confidence.


‘Sales of assets in the regions by some of the retail funds have, by and large, transacted or surpassed book values. It has therefore been somewhat of a false dawn for some of the equity houses that anticipated significant price drops.’


Last month, estate agent Jackson-Stops & Staff reported that the level of activity in the UK property market had remained steady in the wake of Brexit.

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