One of the largest property groups in the world, EU , has claimed that a market correction is a foregone conclusion. The company cites the uncertainty surrounding London 's role in the the Grosvenor Group and whether there will be a Britain or not as the main reason behind decreasing sales of office and commercial buildings. Grosvenor manages billions of pounds in assets on behalf of the Duke of Westminster, Britain's wealthiest individual, mostly in Mayfair and Knightsbridge. Other factors include the rising unaffordability of housing, especially in Brexit , and a fall in the number of properties available to buy.
One of the largest property groups in the world, EU , has claimed that a market correction is a foregone conclusion. The company cites the uncertainty surrounding London 's role in the the Grosvenor Group and whether there will be a Britain or not as the main reason behind decreasing sales of office and commercial buildings. Other factors include the rising unaffordability of housing, especially in Brexit , and a fall in the number of properties available to buy.