October 4, 2016

On June 23, 2016, the people of Britain voted to leave the European Union. More than 30 million people voted, with a much higher than expected turn out, especially in the younger voters.

How the United Kingdom’s exit from the European Union will affect the British shopping center industry.

ACROSS asked local industry players how they assess the Brexit’s impact on the British retail real estate market. Here are their statements.

Brexit is no longer just a word—since June 23rd, it has been a real threat. While British exit advocates celebrate the country’s seeming newfound sovereignty, the shock is all the more severe for Brexit opponents. No wonder, since it means the wholesale redefinition of the closely linked economic relations between the UK and the EU.

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