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Publication 06 Jun 2023 · United Kingdom

Other UK cities

1 min read

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Looking at the rest of the UK, Manchester still remains on top of our ranking of regional cities, popular with 58% of UK professionals.

Our chart shows how the gap between Manchester and the ‘chasing pack’ of regional cities has increased, with the pack converging at a lower level of appeal – remaining significant options, but perhaps also reflecting a tendency to look to core locations and assets at times of greater instability.

Which of these ‘big six’ regional cities are particularly appealing as investment prospects?
RETL23 - Other UK cities.jpg

 

The unsung hero here, though, may be Glasgow. While still the last among our six cities, it is the only one to have followed a steady upward trend since 2016. The gap between Glasgow and Manchester, 57 percentage points in 2016, has shrunk to 39 points.

Says CMS Glasgow partner Chris Rae: “Glasgow has significantly narrowed the gap with table-topper Manchester. Indeed it’s often compared with Manchester, not least because of their strong transport links and top-tier talent pool. It does suggest that there are great opportunities yet to be explored in this dynamic city.”

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Tomorrow: Real estate takes the long view

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