There is a lot of cash on the sidelines waiting to snap up UK property assets once certainty on Brexit is known, according to real estate investment trust managers. However, they warn the market could see some short-term pain in the meantime.
Equity investors have been vocal in putting forward their expectation of cash flowing into the UK stock market once Brexit is resolved, no matter what deal we get. While it’s unlikely to be as dramatic in property, the asset class remains more resilient than many expected.
Conygar Investment Company PLC (LON:CIC) is an AIM quoted property investment and development group dealing primarily in UK property. The group aims to invest in property assets where they can add significant value using their property management, development and transaction structuring skills.