ALL >> Real-Estate-and-Foreclosure >> View Article
Beyond London: Investment Excitement Elsewhere In England

The cost of living and doing business in London has reached a tipping point, driving young workers, employers and investors to consider other growing UK cities.
An important signal to many global investors - and even some domestically - that an England exists outside and beyond London came in early 2015. This is when the Urban Land Institute (ULI) ranked Birmingham as a top European city (#6) for property investment, ahead of London (#10), Amsterdam (#8) and Copenhagen (#7).
This isn’t news to everyone, including investors who are already banking on developing property in all points east, west, south and north. Lucent strategic land partnership projects now underway in Allerdale, Southampton and Peterborough bear this out.
The survey (conducted jointly by the ULI and PwC), “Emerging Trends in Real Estate Europe 2015,” bumped London down because stratospheric property prices there simply make it a hard investment for anyone new to the game. Because of their affordability, ...
... cities including Birmingham are able to attract the entrepreneurial class, which then create jobs that are near more-affordable housing for productive, younger workers.
We see similar advantages in other markets where we work. In Southampton, spinout firms from the various local universities are drawing similar entrepreneurs, giving recent graduates (from, inter alia, University of Southampton and Southampton Solent University) jobs and reason to stay on the south coast of England. Our Royal Pier Waterfront development, an excellent application of land investment funds, will provide the living (730 contemporary waterfront apartments), high quality office space and leisure amenities (premium food and retail, a 250-room hotel, cultural space and an expanded and enhanced Mayflower Park) that may also attract government departments for relocation away from London.
The geographical circumstances of Peterborough, a city just 70 miles north of London, mean it’s a transportation hub with increasing warehousing and distribution functions- indicators that attract real asset management ventures. Its economic mix meant it fared better in the 2008-2010 recession than most of the rest of England. Fletton Quays, the first project being developed by Peterborough Investment Partnership is a 20-acre site that can accommodate about 265 new homes, a hotel, office space and parking as well as additional commercial and leisure facilities. Importantly, the city ranks second highest in the country for private sector employment growth, meaning that central government funding cuts have a lesser effect on the local economy.
The various sites identified by our Allerdale Investment Partnership will include schemes that will create 500 to 600 new homes and which also provide food and retail facilities, a family entertainment centre and a hotel. West Cumbria’s economy is growing at 4.2% (vs. London’s 3.7% growth rate), in part because the nearby Port of Workington has received a multimillion-pound government investment to expand its shipping capabilities, which will also provide many new jobs.
Lucent squarely agrees that while London offers excitement, there’s money to be made elsewhere.
Add Comment
Real Estate and Foreclosure Articles
1. Tru Meadows Kondhwa Budruk: Discover A Lifestyle Rooted In Nature And Nurtured By ComfortAuthor: Armaan
2. What Are The Top Investment Strategies For Uttam Nagar In Delhi/ncr In 2025?
Author: Sanvi Real Estate
3. Save On Endoscopy Charges In Singapore: Tips For Smart Healthcare Spending
Author: alpsclinic
4. Sbk Real Estate Dubai: Your Trusted Partner In The Uae Property Market
Author: MyRealEstate Prop
5. Understanding Zoning Laws And How They Impact Property Value
Author: Taksh Infra
6. Sell House Fast Cash St Petersburg Fl – The Smart Seller’s Guide
Author: Mike
7. Top Reasons Garage Doors Fail Without Warning
Author: DEN Garage Doors
8. Enhance Spiritual Spaces With Elegant Pooja Door Accessories And Thoughtful Design
Author: Artisticks
9. 4s The Aurrum, Sector 59 Gurgaon – Is This The Luxury Investment You've Been Waiting For?
Author: SRV Homes
10. Find Commercial Property In Delhi Within Your Budget On Hub And Oak
Author: Hub and Oak
11. Vihang Luxuria X Factor, Mira Road – Spacious 1 & 2 Bed Homes With A Lifestyle Upgrade
Author: GR Ansari
12. Benefits Of High-return Property Investments In India
Author: codename oxygen
13. Migsun Alpha Central – The Future Of Commercial Spaces In Greater Noida
Author: Gr Ansari
14. Child Development Centre Hyderabad: Supporting Special Needs & Learning
Author: neurolinkrehab
15. Uae Real Estate – Hudayriyat Island: Wadeem Project Launches
Author: Karthika