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UK property values will be hit if UK leaves the EU

February 6, 2016 10:41 AM

Property prices and transaction volumes will be hit if the UK leaves the European Union, says First State Global's Stephen Hayes.

Hayes, head of property securities at First State and manager of the £257m Global Property Securities fund, says a potential Brexit "could be an excuse to lead to transaction and prices moderating in the UK, especially in London".

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