Select Property Group

Rising costs and changing generational attitudes have seen a reduction in ownership levels among young workers over the last 10 years, as new data underlines the demand for, and importance of, quality rental property in Britain.

Growth levels of trade, tourism and knowledge outstrips UK average, as a new report hails the success of the two-year-old direct flight between the Chinese capital and Manchester, the UK’s strongest investment city.

While 4,000 new units are set for delivery by 2022, a new report suggests that almost 11,000 new jobs will be created in the city’s central business district during this time, underlining the need for increased investment in Manchester’s purpose-built rental sector.

Real estate performance is underpinned by supply and demand fundamentals

Roundtable held in London with the Saudi-British Business Council and General Authority of Civil Aviation, at a time when increased links between the two countries are also coinciding with spiking interest in UK real estate investment.

In partnership with Barclays Bank, the UK government has announced a ten-figure loan to help support small and medium-sized property developers to build close to the 300,000 new homes per year targets suggest the UK needs.

From bedroom numbers to proximity to local work and education hubs, a new survey reveals the amenities young British tenants prioritise, giving investors an insight into what makes the strongest investment property.

Along with Liverpool, the north-west region’s economic growth and development are creating “a compelling case for investment” for global investors, with Manchester attracting the largest number of investments outside of London.

The proportion of people swapping the capital for cities such as Manchester has tripled since 2010, with greater affordability and stronger investment prospects prompting rising numbers to relocate.

Despite rising demand, housing levels in Britain’s private rented sector are dwindling, highlighting the need for more investment in purpose-built rental property for the country’s growing number of tenants.

With the trading of cryptocurrency in the Kingdom now outlawed, will investors in the country begin to consider more traditional investments, such as overseas real estate, once again?

Booking Holdings is set to open new offices in the heart of Manchester city centre, continuing the surge in global investment into the UK’s number one investment city.

Eid Al Adha Mubarak from everyone at Select Property Group.

With the lira falling to record lows and ongoing political and economic uncertainty, could real estate in the stable UK market help to diversify investment portfolios?

Growing demand from its customers has increased the need for VIVA Bahrain to expand its footprint into London, at a time when the two countries continue to build closer ties with each other.

Falling levels of supply could increase pressure on the market, with calls for rental market reforms such as more investment into the purpose-built rental sector.

"Manchester, with its low supply and strong growth forecasts, presents a huge opportunity for investors to enter the market during the city’s exciting period of economic growth." Adam Price, Select Property Group Managing Director.

Great coverage of our GCC Investor Report 2018 in The Business Desk!