The Northern Powerhouse Initiative is a plan to boost the regional economy with an investment of £7 billion into developing skills, innovation, connectivity and real estate.
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Leeds is a prime location for investment and expansion, operating as one of the largest and most centrally located cities in the UK. The combination of a growing student population, a future-oriented industry focus and under-supplied housing market present an excellent opportunity for real estate investment.
No economy is immune to the current global pandemic and although Leeds’ Gross Domestic Product (GDP) is anticipated to fall 10.12% in 2020, it is estimated to bounce back strongly by 11.18% in 2021. For the next 4 years, an average of above 5% GDP growth is anticipated for Leeds followed by an increase of 18.23% between 2025 and 2030.
To find out about IP Global’s latest Leeds investment opportunity, click to download the brochure below.
Total Leeds City Population (2020)
Total Leeds City Economy
needed over the next decade
As one of the UK’s Core Cities, Newcastle has been a hotspot for foreign investment ever since major regeneration projects began dramatically changing the skyline to what it is today.
A location previously known for its coal mining and shipbuilding, Newcastle is now focused on knowledge-intensive sectors, such as financial and professional services -with an emerging scene in the creative and digital sector.
Newcastle is also one of the UK’s prolific student cities, with two of the country’s world class universities. Its student population continues to expand while the supply of purpose-built student accommodation (PBSA) dwindles, forcing many into the rental market.
There is strong evidence of investment and market confidence despite the global pandemic and Brexit, particularly in the real estate market currently housing a population of over 1.7 million people within a 30-minute radius.
To find out about IP Global’s latest Newcastle investment opportunity, download the brochure here.
The birthplace of the modern industrial world, in recent years the city has diversified beyond its historic moniker of ‘Warehouse City’ to become the beating heart of the Northern Powerhouse.
With high quality properties, global transport connectivity, and a buoyant pool of young talent, Manchester is one of the UK’s fastest growing regional cities. It has a £62.8 billion economy with a £5 billion digital ecosystem that crowned it the UK’s Top Digital Tech City with a reputation for innovation.
It’s growth is set to continue on an upward trajectory as the HS2 launches, making London reachable in just over an hour. With average property prices more affordable than the capital and the population continuing to grow, Manchester will see rising pressure on house prices and lower void periods in the years to come.
There has never been a better time to invest in Sheffield, one of the fastest-growing cities in the UK. The economy has doubled in size (+94.98%) since 2000 totalling over GBP14.6 billion as of 2020.
Extensive regeneration and investment have bolstered the economy, accelerating population growth and leading to a significant housing deficit. From its 513,300 residents in 2001, the number of residents living in the city has grown to 586,730 (2020). An undersupply of at least 11,328 housing units is expected by 2035 meaning an undersupply of 26% of the housing requirement.
Due to the strain on the housing market, house prices in the region have increased by an average of 13% per annum and are forecast to rise by a further 29.2% up to 2025, outperforming the UK average of 21.1%.
Famed for its industrial heritage and lively nightlife, today Newcastle upon Tyne is known for being at the forefront of the UK's life sciences and green energy ambitions. It is now the 8th most populous urban area in the UK with approximately 1.6 million people. As an affordable location attracting both public and private investment, exciting opportunities are emerging within the city and wider region. Let's take a […]Continue Reading