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BIZ BAHRAIN MARCH-APRIL 2018

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PREMIUM INVESTMENTS FROM<br />

LEADING BRITISH DEVELOPER<br />

MOVE OVER LONDON:<br />

Why Manchester is<br />

becoming the preferred<br />

UK investment city<br />

As the capital city, with its<br />

famous landmarks and<br />

attractions, London is<br />

undoubtedly the UK’s<br />

favoured leisure destination.<br />

But it’s no longer attracting<br />

the levels of domestic and<br />

international investment it<br />

traditionally used to.<br />

Property price growth in London is<br />

slowing down – in June 2017 prices grew<br />

by just 3% month-on-month, the<br />

second slowest rate of growth in the<br />

UK<br />

Rents decreased by 0.42% in the 12<br />

months to February 2017<br />

– the only region in the country<br />

to record a loss<br />

Prices in London are<br />

increasingly reaching an<br />

affordability ceiling for many<br />

investors. And with a slow pace<br />

of growth and low rental yields,<br />

more overseas investors are<br />

leaving London and heading<br />

north to Manchester.<br />

MANCHESTER<br />

The UK’s number 1 investment city<br />

AVERAGE YIELDS - 65%<br />

HIGHER THAN LONDON<br />

@mhcwll

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