Friday 8 February 2013

Top 20: Manchester!



Manchester has been named one of the top cities in the world for property investment, with the city placing ahead of fashion-capital Paris.

Jones Lang LaSalle ranked Manchester in 15th place ahead of Beijing and Milan, making it the only UK city other than London to come within the top 50 global destinations.


Although the report suggests the north-west city is a good place to invest in buy-to-let property, director at Jones Lang LaSalle Rosemary Feenan warned Manchester needs to continue evolving.


She stated: "Manchester's future will be dictated more by what it does to compete with other international cities such as Lyon, Boston or Vancouver, rather than other UK cities."


Ms Feenan added that trade alliances and the opportunities for its businesses in both emerging economies and established global economic superpowers like China will be "vital in attracting future investment".


Director and head of Jones Lang LaSalle David Lathwood claimed Manchester needs to develop its infrastructure and quality of life in order to remain competitive.



With Huddersfield being just a stones throw from Manchester (we could DEFINITELY throw a stone over the Pennines!) we're pleased to see that one of the top 20 cities in the world for property investment is so close by!

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