It’s been an exciting, yet turbulent first month of 2017, filled with uncertainty and the expectation of a property market correction.
So far, most analysts predictions of the effects of both a Donald Trump presidency and the UK voting to leave the EU have been somewhat amiss.
In the days and weeks leading up to the in/out referendum, most senior institutions expected a sudden and abrupt correction of pricing within the UK property market.
Instead, at GLPG, we found an overall increase in market activity, with a strong appetite from prospective purchasers to acquire new sites, an influx of foreign investment and a feeling of positivity echoing through the marketplace.
Six months on, our land and investments team is experiencing the same level of strong activity, as well as an ever growing database of well-funded purchasers.
The Donald Trump presidency has certainly added fuel to the rollercoaster that has been the last year, however, the UK is seeming to remain a trusted and secure home for investors and we expect this to continue over the forthcoming months.
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