BREXIT PUSHES SPECIALIST SECTORS CLOSER TO THE MAINSTREAM
We approach the end of the first month in our new world with the property market in focus during the initial uncertainties. Headlines about the stresses being experienced by parts of our Fund industry and the early share performance of many REITs suggest a significant shift in sentiment for the real estate market.
The specialist markets have not been entirely insulated from these effects but largely pricing is holding up, with transactions continuing, less volatility in the REITs, and Funds active in our areas. The Healthcare and Leisure markets could now continue and even accelerate their trajectory to the heart of real estate investment strategy.
We share here the activity and reactions around the specialist markets to date, look at what we have seen emerging, areas where there is less clarity and some possible trends as we head to calmer waters.