Update: March 2018 – London City Offices

Market volatility jumped once again as the US threatened to start a trade war with China, before tensions eased following reports that they were willing to renegotiate trade imbalances. Brexit talks took a big step forward as the EU confirmed that a 21-month transition period would begin from next March. The agreement was a welcome development, providing some reassurance for UK businesses that trading arrangements with the EU are likely to be unchanged until the end of 2020. Going forward, this should help to provide support for commercial property pricing, as companies can return to considering real estate strategies within their decision making processes.