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Hamid Moghadam, CEO Prologis, MIT ’78, quoted in the Wall Street Journal

London’s commercial and residential markets are likely losers because the city is expected to shed jobs

The effects of the U.K. vote to leave the European Union are starting to ripple through property markets as investors pile out of publicly traded real-estate companies in Britain and Europe and global developers begin to reassess projects and transactions already in the pipeline.

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