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‘Pre-2014 prices just don’t exist any longer,’ asserts Caroline Takla, the founder of The Collection LL P.
Despite a significant adjustment in expectation from sellers, she remains optimistic: ‘Once our new relationship with the EU has been established, I see no reason that we couldn’t return to double-digit growth,’ she says.
For Takla, the past six months have been ‘really exciting’, with a number of big exchanges going through before the end of 2017: ‘Our clients are predominantly based overseas, so when the pound takes a bit of a battering, we see increased interest. Right now, we’re handling mandates from half a million to £40 million – and everything in between.