Update: November 2018 – Logistics

The UK Cabinet finally gave a green light to Theresa May’s Brexit deal, paving the way for the UK Parliament to vote on the agreement on December 10. More clarity on the final relationship is needed, and uncertainty remains high. There are still big hurdles ahead which could yet mean that the negotiations go down to the wire, but this is an important step forward. In spite of the stream of political noise from the Brexit negotiations, 2018 investment volumes and the sheer number of deals are clear testaments to the ongoing confidence in the core fundamentals of UK commercial property.