Surprisingly for some, while Brexit led to a world of uncertainty, economic overhauls, and sweeping changes to the future, it - like most change - created new opportunities.
And Uma Rajah, CapitalRise CEO, saw how Brexit impacted the luxury real estate market of the country firsthand.
That uncertainty specifically is what has set the tone for the UK - especially London. Rajah says, "Uncertainty causes people to sit on their hands and not transact."
But a general election that brought Conservatives to the majority created a window. To the frequent international, and potential, investors, "London was on sale," Rajah said.
Her takeaway: Brexit's consequences on the pound's value can definitely be a boon for those interested in London property.
This week's people roundup features three big hirings in Australia and Russia. We'll start Down Under... REA Group appoints...
Read More
The market-leading British property portal, Rightmove has released a report on its performance for the first half of 2024 showing...
Read More
This week's product roundup is a big one. We'll start in Asia and Oceania this time... AtHome.jp launches new...
Read More
"We believe value-added real estate investing that leverages the right decision-making tools can succeed in just about any market condition."...
Read More
