The Long and Short of Things
A soon to be released survey of investors carried out by C&W shows that in spite of short term negativity, the long term sentiment for UK property, in fact, remains stronger than for that of the wider EU. In the same survey, 28% of investors revealed an intention to sell some UK stock during 2016. This compares with our pre-referendum survey where the same figure was 11%. Without a compulsion to sell in most cases, the market response by year end will likely rest on pricing expectations over the medium term.