Two in five institutional investors plan to increase their investment allocation to European commercial real estate over the next 12 months despite Brexit uncertainty being the number one challenge. This is according to a new study with property focused institutional investors by BrickVest, the real estate investment platform.
The study also highlighted that three in five institutional investors believe Brexit uncertainty will be the biggest challenge facing European investors in commercial real estate over the next 12 months. Nearly half thought political uncertainty would be the biggest challenge while nearly two in five suggested it would be low economic growth. Despite these challenges, BrickVest’s research did highlight that Brexit could also present some European commercial real estate investment opportunities.