An out vote in June’s EU referendum could trigger a sharp slide in sterling. But while that might push up prices, it is unlikely to raise interest rates or bond yields to levels that would prove disastrous for commercial property. Nor, to date, is there much evidence that anticipated falls in sterling are driving overseas investors to lock in their profits by selling up in advance of the vote.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services