Europe referendum ‘is threat to London real estate boom’

London’s property boom could be brought to an abrupt end by the uncertainty surrounding a European Union referendum, one of Britain’s leading real estate executives has warned.

Robert Noel, the chief executive of Land Securities, said that leaving the EU “would not be good” for the capital’s property market, adding that “there would be a propensity for businesses not to take space and we risk losing business to Europe through leakage”.

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