Property industry responds positively to Brexit speech
The property industry has responded positively to the speech by UK Prime Minister Theresa May on Brexit, with every FTSE 350 housebuilding firm seeing a rise of 2.9% as a result. The “hard Brexit” approach included “global thinking”, free trade and leaving the single market, which industry representatives have voiced concerns about. Despite the transitional stage before Brexit and inflows of non-EU overseas capital being welcomed by commercial property managers, the lack of access to the skilled workforce of the EU has still caused concern.

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