International companies could flee from London if the UK severs ties with Europe finds survey David Cameron calls EU referendum for June 23 2016 Official Statement @onthemarketblog Up to 200,000 workers could leave London if the UK exits the European Union, resulting in a huge correction in ,commercial property prices, research has found. A study conducted exclusively for The Telegraph by property data group, Geophy found that a predicted exodus of international companies from London if the UK severs ties with Europe could bring up to 1.6m sq m of commercial property back onto the rental market – and could mean price corrections of more than 35pc in some areas of the City of London. The research looked at how international companies could look to reposition themselves post-Brexit, focusing on US and Asian banks and financial services companies who currently have offices in the capital. By Teun Van Den Dries PropTech a new wave in the startup ecosystem. It’s grea...
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