The Brexit impacts real estate sector

In 2016, the volume of (real estate) investment fell by 25-30% in the United Kingdom (UK) and, to a lesser extent, in France and Germany. The effect of the Brexit was in particular to slow down operations in speculative transactions. Today, land developers and real estate investors are more cautious,” Anne Tolédano, head of London real estate finance activities for Crédit Agricole CIB, told Le Figaro.