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Asia Gain on Brexit

Posted by LaunchAdmin on July 29, 2016
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With the June 23rd referendum decision of the British people going for a divorce from the European Union, wave of uncertainty has been created for the United Kingdom technology scene especially so for technical start-ups which were caught in the cross fire of all the political upheaval created by the parting of ways between Britain and the European Union.

With businesses in United Kingdom having to weather with new worries and uncertainties over the political storm with great economic repercussions, there is this serious consideration over how the mobility, talent pool accessibility and data availability as well as market accessibility into Europe will be affected in the coming future for the British people. Amidst such serious considerations, there is this increase of interest from Asian funds and advisory firms make ready to capitalize in such heightened interest especially European startups as a result of such drastic change.

Already some startups are looking to Asia now by shifting its funding focus from the West to the East to raise the much needed capital to fuel its engine of growth into next stage.

Given the heightened interest, what is the influence on the general real estate market, the impact on the demand for new launch condominiums, new condo launch projects in district of prestige, new condominiums on the city fringe locations? What about new office space, new commercial property launch, new industrial space demand?

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