Regions rebound
Of the ‘big six’ regional cities listed below, which do you think are particularly appealing as investment prospects? (Real estate sector)
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In common with the improvement in sentiment as a whole, regional cities are now seen as far more appealing than last year.
The property industry always respects strong and committed civic leadership, like that demonstrated by the Mayor of Greater Manchester Andy Burnham and the Mayor of the West Midlands Andy Street over the last 12 months. This may explain Manchester (67%) and Birmingham’s (57%) strong showing this year as appealing regional centres. Bristol has also bounced back (44%), while Leeds has reached a six year high in popularity with 38% considering it an appealing investment opportunity, prompted perhaps by Channel 4’s decision to relocate to the city.
Glasgow and Edinburgh have not seen comparable surges of interest, with many international and UK investors wary of the prospect of Scottish independence and its uncertain economic implications.
