Walter Boettcher, Chief Economist at Colliers International said: “With the calling of a snap general election, a new date has been entered into the European calendar of uncertainty. However, the long-term benefits of a clear governmental mandate to investors and occupiers will far outweigh the short-term hiatus in decision making that is likely to follow this announcement. Solid deals, already in progress, are likely to progress. New deals may slow between now and the election.
“Will the government receive the mandate that it plans? Given recent events, all bets are off.”