Nov
10
London’s Property Market Is ‘Tanking,’ Green’s Vernon Says
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Vernon’s firm is waiting for the chance to buy at lower values
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London property values have been hurt by June’s Brexit vote
London’s real estate market, hurt by the Brexit vote, is “tanking by the day,” Green Property Chairman Stephen Vernon said.
The firm, which has closed its London office, is waiting for an opportunity to buy into the market at lower values, the 66-year-old said at a conference in Dublin. Vernon would consider buying a real estate company, raising a fund or buying a portfolio of assets in London, he said…
London’s Property Market Is ‘Tanking,’ Green’s Vernon Says
