Category: Manchester

Manchester & North Set for Boost in Government Investment?

Following the general election result, the Treasury is proposing to reform rules dictating which cities and regions receive government investment. Summary: Manchester and the north of England could become the focus of new government investment and spending targets The UK Treasury is looking to redefine the rules which outline how, and where, the government makes significant economic investment In December 2019’s general election, Boris Johnson’s Conservative won a majority, thanks in part to historic victories in constituencies across the north of England   Could the result of the 2019 general...

Manchester to Shanghai Direct Flight Route Announced

The new route, launched by Juneyao Air, is hailed by business leaders as a huge economic boost for Manchester and the north of England. Summary: For the first time, a new direct flight route between Manchester and Shanghai has been announced Starting from March 2020, Juneyao Air will operate three flights a week between China’s largest city and Manchester International Airport At a time of increasing trade and investment between Manchester and Asia, the route has been welcomed as key to unlocking “significant trade, cultural and knowledge exchange opportunities”  ...

Affinity Living Embankment West Wins Big at National Property Awards

Select Property Group’s project in Manchester city centre scooped the Residential High-rise Development UK prize at the 2019/20 UK Property Awards at a prestigious ceremony in central London. The project forms part of a wider neighbourhood of regeneration located on the former site of Manchester Exchange station. The Embankment neighbourhood will become the gateway to this newly developed district – with Affinity Living Embankment West as the highly desirable residential development at the very heart of it. At a cost of £10 million, this is undoubtedly one of the most...

Manchester Economic Growth Larger Than UK and European Union

New research highlights the pace of growth in Manchester amid surging demand for real estate in the city from investors around the world. Summary: Annual GVA growth levels in the UK and European Union are being recorded in Manchester every quarter It’s just one of several findings in new economic research for the city, which also found the population of Manchester city centre could increase by as much as 63% by 2025 Private and institutional investors from around the world are driving investment levels in Manchester’s property market, attracted by...

Manchester City Centre Population Has Increased 185% in 15 Years

The population of Manchester is also expected to rise to 600,000 in the next two years, as the city’s council outlines a range of economic statistics and projections in its annual State of the City report. Summary: Over 19,000 more people live in Manchester’s two most central city centre wards today compared with 2004 The wider city centre area was expected to house 65,200 residents by mid-2019, an increase of 5,000 in 12 months Some job sectors are also forecast to record a 50% rise in new job numbers by...

Manchester Once Again Ranked UK’s Number One City to Live In

For another year, Manchester is the highest-ranking UK city on the Economist Intelligence Unit’s annual Global Liveability Survey, once more outperforming London. It underlines the continued demand to live and work in Manchester city centre. Summary: Manchester was 38th on the 2019 Global Liveability Survey, the highest-ranking city in the UK The worldwide research rates cities based on factors such as education, social stability and access to healthcare With a thriving job market and social scene, the demand to live in Manchester city centre is outpacing the level of supply in...

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...
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Victoria Residence at Crown Street Manchester

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Elizabeth Tower at Crown Street Manchester

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Affinity Living Embankment West Manchester

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