Global menu

Our global pages

Close

Eversheds comment: Developers in midst of post Brexit phoney war over London property developments

  • Global
  • United Kingdom

    28-06-2016

    Commenting on fears that developers are rethinking some London property schemes in the wake of Britain's 'Brexit' vote, Bruce Dear, head of London real estate at Eversheds, says:

    “This is a post-Brexit phoney war: buyers and sellers eyeballing each other asking what Brexit means. A similar stunned suspension of activity followed the first subprime failures. Which way this breaks depends on the Leave Leaders showing the market they have a clear, politically stabilising plan.”

    Visit our Brexit Legal Advice Hub for in-house lawyers

    Disclaimer

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

    < Go back

    Print Friendly and PDF
    Register to receive regular updates via email.