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Post-Brexit: ‘A Slow Burn’ with ‘Twists and Turns’

NEW YORK CITY—Madison International’s Ronald Dickerman weighs in on the “seesaw between London and New York” amid current geopolitical uncertainties.

Photo of Ronald Dickerman Dickerman: “The fact of the matter is that London is 10 times the office market of Frankfurt. “

NEW YORK CITY—Slightly less than 11 months ago, UK voters approved a referendum to exit from the European Union, a surprise outcome that Ronald Dickerman, founder and president of Madison International Realty, called “the wrong decision.” He added, though, that the vote represented “the beginning of a long period of negotiation.”

Since then, the UK has elected a new prime minister, Theresa May, who has moved decisively to begin those negotiations. GlobeSt.com caught up with Dickerman, whose firm is active in the British capital and global financial center, for his views on what has taken place since that historic referendum.

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Paul Bubny

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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