Category: Manchester

Investment in Manchester Commercial Property Continues to Rise

New record for office-take up in the city, while more commercial developments are proposed and others near completion. Here’s why this confidence is also good news for investors in Manchester’s residential property sector… Summary: Take-up of office space in Manchester in the first six months of 2019 reached its highest level for five years Plans also reveal a proposed new city centre commercial development that will house 3,500 workers, while new office building marks its topping out As Manchester boasts one of the UK’s most active business sectors, will the...

117% Rise in People Moving into Manchester City Centre Apartments

The city is “hugely appealing to younger generations” thanks to sustained economic and employment growth. Property investment in Manchester is focused on build-to-rent apartments in the city centre, driving yields and capital growth. Summary: Manchester property continues to experience rising demand, particularly in the city centre residential market In July 2019 there was a 117% rise in the number of people moving into apartments in Manchester city centre Businesses and young people are leaving London and heading north, – which is good news for property investors   Manchester has an...

New PM Backs Huge Rail Investment for Manchester & Northern England

Boris Johnson has declared he will invest in a new high-speed rail line between Manchester and Leeds, with investment set to “turbo-charge the economy” of local communities. How will this growth impact Manchester’s property market? Summary: New UK Prime Minister, Boris Johnson, has pledged to fund a new high-speed rail line connecting Manchester with Leeds Mr Johnson claims that the route, part of a wider commitment to new transport infrastructure across northern England, will have “colossal” economic benefits for local cities and communities It’s hoped better connectivity will “unlock jobs...

Manchester’s Property Market “In a League of Its Own”

Job numbers in the city are rising faster than other major regional cities in the UK, further increasing the demand for real estate in an already significantly undersupplied property market. Sustained economic growth in Manchester continues to impact the city’s commercial and residential property markets positively Manchester will have 10,000 more office workers in the city by 2021 than it did in 2018, while it also had the greatest volume of inward investment deals compared to five other major UK cities As a result, Manchester’s property market “isn’t just already...

Manchester set for “huge amount of pent up investment” analysts say

Impressive economic development in recent years is expected to continue apace throughout 2019, according to experts at recent roundtable event in the city. Summary: “Phenomenal” growth over the last 12 months, coupled with increased wider UK economic certainty by the end of March, would see a “huge amount of pent up investment” come to Manchester in 2019 and beyond Institutional investors at a recent knowledge sharing event in the city also spoke positively about Manchester’s residential and commercial property sectors The creation of new jobs will continue to attract people...