Edinburgh tops property investment league table

Edinburgh tops property investment league table

Edinburgh has come first in a list of the top ten regional locations for property investment, according to new research by law firm Morton Fraser.

Research into British property investors by the firm’s commercial real estate division ranks a list of ten British cities according to their attractiveness as investment options.

Edinburgh, Bristol, and Manchester are the most attractive destinations for investors - more found them attractive propositions than those who did not.

David Stewart, commercial real estate partner at Morton Fraser, said: Unlike Glasgow, there has been little speculative office development in Edinburgh recently.

“Quartermile 4 is fully pre-let and the other landmark office development on St Andrews Square is to be wholly occupied by Standard Life.

“Quartermile 3, Capital Square and Haymarket are all underway, but there is a real tightening of supply in the face of strong occupier demand in Edinburgh.

“With large office occupiers already looking to edge-of-town buildings, the good news is that the St James Centre retail re-development is at last underway.

“It's not hard to see why Edinburgh currently presents a compelling case for property investors looking to the regions.”

According to Morton Fraser, Leeds, Cardiff and Glasgow will all expect to move into a net positive investment score in the coming year after at least 30 per cent of investors felt they were attractive locations.

They have also negotiated city region deals with the UK Government collectively worth at least £3bn.

David Stewart said: “The top cities in our league table have demonstrated real economic resilience since the recession.

“Their success in protecting inward investment, attracting business and talent, and developing infrastructure means property investors can more easily envisage long-term gains.”

 

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