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Reis Says Brexit Will Have an Impact on CRE

Global markets have been roiling in the wake of Britain’s June 23 historic vote to leave the European Union. Amid many concerns is the question as to how this move will impact commercial real estate, not only globally but in the United States.

Barbara Byrne Denham, economist with CRE research company Reis Inc., has crafted a white paper entitled “The Impact of Brexit on Commercial Real Estate.” In it, she comments that the markets should moderate – but the move will impact the global economy, making already poor economic growth even more uncertain.

She also notes that global investors will begin directing more money toward U.S. property markets. The U.S. real estate market is already a safe haven. “The appeal has only increased with the Brexit vote,” she said.

Download the Report at Reis Inc.

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About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

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