MIPIM UK: Premium needs for risk is impacting on pricing, says Frogmore director

Frogmore’s investment director Patrick Smith talks about how Brexit uncertainty is raising short term UK investment risk and what the firm’s strategy will be in mitigating that risk.

“We feel with all this uncertainty the premium we need for the risk is obviously impacting on pricing. This is short term instability caused because of Brexit and the political make up. We are very positive about the long term future there are some fundamental aspects of UK real estate that are here to stay.”