MCR Population Due To Grow 10% in 2025
Manchester has been the number one investment hotspot in the UK for a long time, and with affordable housing, high yields, and a consistently growing population, this is not about to change.
With the already high population of the city due to grow by another 10% in 2025, more students and young professionals are looking for rental opportunities, further driving up demand in the area. With three main driving factors behind Manchester's growth, we explore why this is the city to invest in.
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Economic Growth
Manchester is one of the best-performing economic hubs outside of London, with a focus on tech, finance, and media. Between 2010-2020, the economy grew by a staggering 39% to £78.7 billion, and has continously attracted significant investments, now ranked as the top city in the UK for foreign direct investments.
Infrastructure Developments
Manchester is consistently running regeneration projects in support of improving its infrastructure. A prime example is the Manchester Airport Transformation Programme, a £1 billion investment programme to expand Terminal 2 so that it can accommodate more passengers.
Employment Opportunities
Manchester is home to a huge tech and digital sector, employing over 88,000 people across 10,000 businesses. The employment rate across the city of 72%, and more employment opportunities are arising with new businesses flourishing.
If you're interested in learning more about the investment opportunities we have available, reach out to our expert team today.
