Brexit may delay London skyscraper

Axa’s property unit will ask investors whether they want to proceed with the construction of what would be the tallest tower in the City of London now that Britain plans to leave the EU, according to a senior source.

Axa Investment Managers-Real Assets, which is leading the project to build the office property at 22 Bishopsgate, will offer the other investors three alternatives, said the source.

The investors can either stick to a plan to start work on the building this year, delay the project or sell it. The last option is least likely.