Update: July 2019 – Regional Offices

Boris Johnson's accession to the top job has divided the country almost as much as the Brexit vote did, but a change to an underwhelming government and lack of results under Theresa May can only be positive. He has arrived with a bang, promising public spending which will likely result in increased borrowing and the outright breach of current fiscal rules. Weakened sentiment caused by Brexit uncertainty is an ongoing theme in commercial property, however regional offices, buoyed by a tight supply pipeline, are holding up well.