He added that amid current market uncertainty, it was the right time to offload mature assets. “As conversations continue around Brexit and new tax laws are set to come to fruition, now is a good time to sell stabilised non-core assets and reinvest in our value-add portfolio,” he said.
The new uncertainty in the market in the wake of the EU referendum will probably not be news to you. However, with funding still dripping in from the Middle and Far East, the market place remains fluid. Continuing movement in the property sector is essential to our gradual recovery – and so a stall now could be devestating!