DOCSLIB.ORG

Levelling out Manchester Crane Survey 2020 Contents

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Levelling out Manchester Crane Survey 2020 Contents Foreword 01 Development snapshot 02 Key findings 03 Residential 04 Office 16 Retail, leisure and hotels 24 Student, education and research 30 Development map 34 Endnotes 36 Contacts 37 Why? Where? What? A report that measures the volume of Central Manchester and Salford Developers building new schemes or development taking place across City Centre, excluding MediaCity:UK undertaking significant refurbishments Central Manchester and Salford City exceeding any of the following sizes: Centre and its impact. Property types office – 10,000 sq ft; retail and leisure include residential, office, hotel, retail 10,000 sq ft; residential property and leisure, student accommodation, – 25 units; education, health care education and research facilities, and research – 10,000 sq ft; hotel and health care. – 35 rooms. When? orthern Gatewa Data for the Crane Survey was recorded between 11 January 2019 and 13 December 2019. Central Salford Eastern Cit Core Gatewa How? The local Deloitte Real Estate team Spinningfields/ has monitored construction activity St Johns and planning permissions granted over a number of years, supplemented Southern Arc by rigorous field research. This research has been verified by industry contacts and in-house research teams. Levelling out | Manchester Crane Survey 2020 Foreword As a consequence, 2019 has seen a number of developers seeking to promote alternative models of city centre accommodation in the form of co-living aimed at a target market which includes the young talent needed to continue to support a dynamic and growing core to the conurbation. This has prompted Manchester City Council to develop guidelines to inform their decision making processes in relation to co-living schemes. Office construction volumes have almost doubled John Cooper during 2018 and 2019, and remain at just over 2 Partner, Planning million sq. ft. The Telecommunications, Media and +44 161 455 6512 Technology (TMT) sector has delivered the highest [email protected] take up of available space in 2019, with serviced office/ co-working operators featuring strongly, together with legal and professional as well as public sector in the It is striking that this year’s survey results show 27 form of HMRC’s relocation. A highlight for us this year schemes completing, the 3rd highest year on record. has been completion of the Grade II Listed Hanover This is a reflection of the exponential increase in House at NOMA and the decision taken by Amazon development activity which has been reported to occupy their first UK corporate office outside during the period 2013-2018 and has transformed London. A further feature of the office market is the Manchester’s and Central Salford’s skyline in recent broader range of products and locations beyond the years. Looking ahead to 2020, the rise in completions traditional city core. will continue with a record 47 schemes reportedly due to come to market. Manchester’s success and growing popularity as a destination for both domestic and international This years’ results also show a slight reduction in tourists was further underlined in 2019 by data new starts. This could suggest that last year’s record reporting that Manchester has overtaken Edinburgh results, in terms of overall activity, may prove to have as the most popular tourist destination outside been a peak in the current development cycle. To be London. This is evidenced by Manchester’s strong clear however, the latest results still represent one of hospitality sector which has seen 3,000 new hotel the highest levels of construction activity since our rooms come into the market since 2014 and 2,446 records began in 2002, and given the geo-political further beds currently under construction over 11 uncertainty experienced in recent times, this is a different sites. Occupancy rates remain high and further testament to the city’s market strength, Manchester’s depth and variety of accommodation profile and resilience. is key to Manchester’s ability to attract and support major events around sport, live entertainment and The slight reduction in construction activity this year culture, for which the city is famous. can largely be attributed to the residential sector. There are a number of factors including the large The range and quality of new development coming numbers of units coming to market, greater challenges forward is exciting. We look forward to witnessing around forward funding for the Build to Rent sector, the current pipeline come to fruition and in turn availability of land at the right price and increasing supporting the next waves of major regeneration construction costs to name a few. activity in the city. 01 Levelling out | Manchester Crane Survey 2020 Development Snapshot Key findings Sectors under construction – total schemes 2 2 5 Retail/ Student 11 Research/ Leisure Residential 14 Hotel Education 43 Office Residential The overall number of residential The number of units completed 77 units under construction is down 3,619 represents the highest Schemes u/c on the previous year at delivery since 2006 (4,196). 12,357 units (14,480 units in 2018) 2020 could see the delivery of 8,880 units. New starts per survey 2015 New office space completed is 40 per cent of the office floorspace 2016 427,410 sq ft during 2019, on par currently under construction is 2017 with the average for the last pre-let (865,500 sq ft), with 17 years. The volume under 40 per cent of that taken up by 2018 construction is above 2.1m sq ft for the the TMT sector. 2019 second consecutive year. 0 10 20 30 40 50 Office Retail/Leisure Residential Student Hotel Education/Research Other The number of hotel beds under Although no additional research There are construction continues to rise, or educational space was Residential units under construction with 2,446 new beds on site delivered during 2019, over and 344 new beds delivered 1.28m sq ft remains under 2,446 during 2019. construction across 5 schemes for hotel rooms under 12,357units, delivery during 2020 and 2021. construction across 27 with schemes 11 schemes, with have 620 new beds There are a total of 77 schemes 390,500 sq ft of retail and leisure completed, commencing units which is the 5,203 on site currently, with a space is being constructed 2nd highest development (42%) located in Salford. 48 per cent reduction in the as part of office or on record. during 2019. number of new starts during 2019 residential schemes. compared to 2018 (23 down from 44). Retail and leisure space under Office space under construction construction totals 2,089,500sq ft 513,678 sq ft, which is boosted by the 865,500sq ft commencement of world-class Pre-let (40% of Grade A space). multi-arts venue, ‘The Factory’. This has the potential to create15,500 new FTE jobs in the Manchester and Salford combined by 2021. 02 Levelling out | Manchester Crane Survey 2020 Development Snapshot Key findings Sectors under construction – total schemes 2 2 5 Retail/ Student 11 Research/ Leisure Residential 14 Hotel Education 43 Office Residential The overall number of residential The number of units completed 77 units under construction is down 3,619 represents the highest Schemes u/c on the previous year at delivery since 2006 (4,196). 12,357 units (14,480 units in 2018) 2020 could see the delivery of 8,880 units. New starts per survey 2015 New office space completed is 40 per cent of the office floorspace 2016 427,410 sq ft during 2019, on par currently under construction is 2017 with the average for the last pre-let (865,500 sq ft), with 17 years. The volume under 40 per cent of that taken up by 2018 construction is above 2.1m sq ft for the the TMT sector. 2019 second consecutive year. 0 10 20 30 40 50 Office Retail/Leisure Residential Student Hotel Education/Research Other The number of hotel beds under Although no additional research There are construction continues to rise, or educational space was Residential units under construction with 2,446 new beds on site delivered during 2019, over and 344 new beds delivered 1.28m sq ft remains under 2,446 during 2019. construction across 5 schemes for hotel rooms under 12,357units, delivery during 2020 and 2021. construction across 27 with schemes 11 schemes, with have 620 new beds There are a total of 77 schemes 390,500 sq ft of retail and leisure completed, commencing units which is the 5,203 on site currently, with a space is being constructed 2nd highest development (42%) located in Salford. 48 per cent reduction in the as part of office or on record. during 2019. number of new starts during 2019 residential schemes. compared to 2018 (23 down from 44). Retail and leisure space under Office space under construction construction totals 2,089,500sq ft 513,678 sq ft, which is boosted by the 865,500sq ft commencement of world-class Pre-let (40% of Grade A space). multi-arts venue, ‘The Factory’. This has the potential to create15,500 new FTE jobs in the Manchester and Salford combined by 2021. 03 Levelling out | Manchester Crane Survey 2020 Residential 04 Levelling out | Manchester Crane Survey 2020 Significant but reduced activity Residential development (77 schemes) accounted for 56 per cent of all construction projects between January 2015 and December 2018, highlighting the recent prominence of the sector for development activity in Manchester. Growth since 2015 means that 12,357 residential units are currently under construction in the area covered by the survey. The number of units completed in 2019 This year's Crane Survey found 11 new reached 3,619 in the survey area residential schemes commencing, the (Chart 1).
Recommended publications
  • Build to Rent in London a Report for the University of New South Wales and NSW Landcom November 2018

    Build to Rent in London a Report for the University of New South Wales and NSW Landcom November 2018

    Build to Rent in London A report for the University of New South Wales and NSW Landcom November 2018 By Kath Scanlon, Peter Williams and Fanny Blanc LSE London/Cambridge University Table of Contents Executive Summary Introduction ............................................................................................................................................ 2 UK context ............................................................................................................................................... 6 The housing market and the PRS ........................................................................................................ 6 National and London policies .............................................................................................................. 7 Local authorities and housing associations as BTR partners .............................................................. 9 Profile of BTR sector.......................................................................................................................... 10 Research questions and methodology.................................................................................................. 10 Interviews.......................................................................................................................................... 11 Customer surveys .............................................................................................................................. 11 Case studies .....................................................................................................................................
  • Q05a 2011 Census Summary

    Q05a 2011 Census Summary

    Ward Summary Factsheet: 2011 Census Q05a • The largest ward is Cheetham with 22,562 residents, smallest is Didsbury West with 12,455 • City Centre Ward has grown 156% since 2001 (highest) followed by Hulme (64%), Cheetham (49%), Ardwick (37%), Gorton South (34%), Ancoats and Clayton (33%), Bradford (29%) and Moss Side (27%). These wards account for over half the city’s growth • Miles Platting and Newton Heath’s population has decreased since 2001(-5%) as has Moston (-0.2%) • 81,000 (16%) Manchester residents arrived in the UK between 2001 and 2011, mostly settling in City Centre ward (33% of ward’s current population), its neighbouring wards and Longsight (30% of current population) • Chorlton Park’s population has grown by 26% but only 8% of its residents are immigrants • Gorton South’s population of children aged 0-4 has increased by 87% since 2001 (13% of ward population) followed by Cheetham (70%), Crumpsall (68%), Charlestown (66%) and Moss Side (60%) • Moss Side, Gorton South, Crumpsall and Cheetham have around 25% more 5-15 year olds than in 2001 whereas Miles Platting and Newton Heath, Woodhouse Park, Moston and Withington have around 20-25% fewer. City Centre continues to have very few children in this age group • 18-24 year olds increased by 288% in City Centre since 2001 adding 6,330 residents to the ward. Ardwick, Hulme, Ancoats and Clayton and Bradford have also grown substantially in this age group • Didsbury West has lost 18-24 aged population (-33%) since 2001, followed by Chorlton (-26%) • City Centre working age population has grown by 192% since 2001.
  • Winstanley Hall, Wigan Options Appraisal Study

    Winstanley Hall, Wigan Options Appraisal Study

    Heritage Works Buildings Preservation Trust Ltd Winstanley Hall, Wigan Options Appraisal Study Contents Chapter 1 Executive Summary .........................................................................................2 Chapter 2 Introduction ....................................................................................................18 Chapter 3 Location, ownership, current use, description ................................................20 Chapter 4 The history and significance of Winstanley Hall..............................................24 Chapter 5 The planning context......................................................................................29 Chapter 6 Why the buildings are at risk and barriers to development .............................31 Chapter 7 Philosophy and strategy.................................................................................35 Chapter 8 Condition........................................................................................................39 Chapter 9 Market analysis ..............................................................................................43 Chapter 10 Options ..........................................................................................................45 Chapter 11 Project costs ..................................................................................................46 Chapter 12 Financial valuations and appraisals................................................................49 Chapter 13 Grant funding and bridging the deficit.............................................................51
  • Housing First Feasibility Study for the Liverpool City Region

    Housing First Feasibility Study for the Liverpool City Region

    Housing First Feasibility Study for the Liverpool City Region Final Report Imogen Blood, Ian Copeman, Mark Goldup, Nicholas Pleace, Joanne Bretherton & Shelly Dulson, Contents Glossary 4 4.9 Mental health 62 Forewords 6 4.10 Access to health and social care 63 Introduction 8 4.11 Peer support 64 4.12 Asset-based community development 65 Chapter 1: The current homelessness system in LCR 12 4.13 Referral routes and assessment 67 1.1 Current homelessness provision 12 4.14 Estimating demand for the Housing First model in the LCR 68 1.2 Demand for homelessness services in LCR 14 4.15 The cost of the proposed Housing First model 68 1.3 Participants’ views on how existing service provision is working 16 4.16 How will the Housing First service link to the wider Housing-Led system? 69 1.4 Barriers within the wider system 17 4.17 Examples of existing LCR resources which Housing First 70 1.5 Strategic challenges, threats and opportunities for LCR in relation to 19 might support people to access homelessness Chapter 5: Financial and Commissioning Implications 72 Chapter 2: Current provision and use of services by people 22 5.1. Housing First: Commissioning approach 72 with complex needs 5.2. Financial Implications: Potential for cashable savings and 78 2.1 Existing services and initiatives focusing on people with complex needs 22 efficiencies from implementing Housing First in LCR 5.3. Housing First Implementation: Potential transitional and phasing 84 2.2 Homelessness service usage by people with complex needs 23 arrangements 2.3 ‘Revolving doors’
  • Miles Platting, Newton Heath, Moston & City Centre Neighbourhood

    Miles Platting, Newton Heath, Moston & City Centre Neighbourhood

    Miles Platting, Newton Heath, Moston & City Centre Neighbourhood Health & Social Care Profile Miles Platting, Newton Heath, Moston & City Centre - Health & Social Care Cohort Profile December 2019 Page 1 Introduction to MHCC Neighbourhood & Cohort Profile Reports The Locality Plan developed by Health & Social Care commissioners in Manchester sets an ambition that those sections of the population most at risk of needing care will have access to more proactive care, available in their local communities. The key transformation is the establishment of 12 Integrated Neighbourhood Teams across the City based on geographical area as opposed to organisation. The teams focus on the place and people that they serve, centred around the ethos that ‘The best bed is your own bed’ wherever possible and care should be closer to home rather than delivered within a hospital or care home. The ambition of this model is to place primary care (GP) services at the heart of an integrated neighbourhood model of care in which they are co-located with community teams. These teams could include Community Pharmacists, Allied Health Professionals (AHPs), Community Nursing, Social Care Officers, Intermediate Care teams, Leisure and health promotion teams, Ambulance teams and 3rd sector teams, with a link to educational and employment teams. All services are based upon a 12/3/1 model of provision, where most services should be delivered at the neighbourhood* level (12) unless they require economies of scale at a specialist local level (3), or a single City-wide level
  • The Lancashire Labour Market Intelligence Report

    The Lancashire Labour Market Intelligence Report

    The Lancashire Labour Market Intelligence Report Part of the 2019 Lancashire Labour Market Intelligence Toolkit The Lancashire Labour Market Toolkit and Report Overview This report is the Lancashire Labour Market report, part of the 2019 Lancashire Labour Market Intelligence (LMI) Toolkit. It updates the information provided in the 2018 Toolkit and aligns with the Department for Education’s (DfE’s) Skills Advisory Panel (SAP) toolkit for local skills analysis. Labour Market Intelligence is the term used to describe the wide range of information that helps inform decisions about work and training, covering topics such as jobs, salaries and employers, as well as education and skills. The toolkit contains three parts: LMI reports - of which this document is one - covering six Travel to work Areas (TTWA’s1) in Lancashire2, alongside a stand-alone report covering Lancashire. The six TTWA’s are: o Blackburn with Darwen, Hyndburn, Ribble Valley and Rossendale o Lancaster and Morecambe o Blackpool, Fylde and Wyre o Preston, Chorley and South Ribble o Burnley and Pendle o West Lancashire A data matrix that contains all of the underpinning data which has been analysed to inform the reports and the fact sheets. This includes time series data (typically for up to 10 years) and data for Local Authorities, the six TTWAs, Lancashire, the North West and the national average3. The Matrix includes Local Authority and TTWA summary sheets which allow users to access summary charts and tables for their selected area; and Presentations for each area, providing key labour market facts and figures for those who need them. The report covers the four themes set out in the table below.
  • Generation Rent Grows Up

    Generation Rent Grows Up

    INDUSTRY UPDATE Real Estate July 2018 Generation rent grows up In our latest update on the real estate sector we examine the UK’s shift to the rental model as young families are priced out of home ownership, the growth in the build-to-rent market to meet this demand, and the effects and opportunities for residential developers, investors and local authority planning. Some would call it an obsession nearly as great as the UK’s This change in the renting model has attracted a new generation eccentric hang-up with the weather, yet home ownership – of developers and investors, keen to build and hold multi-family traditionally a long-held aspiration – is being eschewed by a units in urban locations and viewing their residential holdings generation priced out of urban homes, less materialistic and in the same way as their office and retail assets. It’s a model more focused on experience and lifestyle. Instead, Europe’s straight out of the European playbook, but for the UK it is a bold well-established multi-family model is on the rise and a new new world. phase of build-to-rent properties is being heralded as both an investment model for institutions and one answer to tough The dramatic shift in demographics is laid out in the most recent house build targets for local authorities. English Housing Survey, which confirmed that more than 1.5 million people aged 65 and over now live in rented accommodation. The jump in those renting privately over the past decade is significant. Build to Rent In 2007, 254,000 older people rented privately, but that figure has now risen to 414,000 and according to some estimates, a third of The build-to-rent market, while still in its relative infancy, is finally those aged 60+ could be renting privately by 2040.
  • Wayfarer Rail Diagram 2020 (TPL Spring 2020)

    Wayfarer Rail Diagram 2020 (TPL Spring 2020)

    Darwen Littleborough Chorley Bury Parbold Entwistle Rochdale Railway Smithy Adlington Radcliffe Kingsway Station Bridge Newbold Milnrow Newhey Appley Bridge Bromley Cross Business Park Whitefield Rochdale Blackrod Town Centre Gathurst Hall i' th' Wood Rochdale Shaw and Besses o' th' Barn Crompton Horwich Parkway Bolton Castleton Oldham Orrell Prestwich Westwood Central Moses Gate Mills Hill Derker Pemberton Heaton Park Lostock Freehold Oldham Oldham Farnworth Bowker Vale King Street Mumps Wigan North Wigan South Western Wallgate Kearsley Crumpsall Chadderton Moston Clifton Abraham Moss Hollinwood Ince Westhoughton Queens Road Hindley Failsworth MonsallCentral Manchester Park Newton Heath Salford Crescent Salford Central Victoria and Moston Ashton-underStalybridgeMossley Greenfield -Lyne Clayton Hall Exchange Victoria Square Velopark Bryn Swinton Daisy HillHag FoldAthertonWalkdenMoorside Shudehill Etihad Campus Deansgate- Market St Holt Town Edge Lane Droylsden Eccles Castlefield AudenshawAshtonAshton Moss West Piccadilly New Islington Cemetery Road Patricroft Gardens Ashton-under-Lyne Piccadilly St Peter’s Guide Weaste Square ArdwickAshburys GortonFairfield Bridge FloweryNewton FieldGodley for HydeHattersleyBroadbottomDinting Hadfield Eccles Langworthy Cornbrook Deansgate Manchester Manchester Newton-le- Ladywell Broadway Pomona Oxford Road Belle Vue Willows HarbourAnchorage City Salford QuaysExchange Quay Piccadilly Hyde North MediaCityUK Ryder Denton Glossop Brow Earlestown Trafford Hyde Central intu Wharfside Bar Reddish Trafford North
  • MANCHESTER, St Augustine [Formerly Granby Row, Later York

    MANCHESTER, St Augustine [Formerly Granby Row, Later York

    MM MAGHULL, St George; Archdiocese of Liverpool C 1887-1941 M 1880-1941 Copy reg Microfilm MF 9/126 MANCHESTER, All Saints see St Augustine MANCHESTER, St Augustine [formerly Granby Row, later York Street, now Grosvenor Square, All Saints]; Diocese of Salford C 1820-1826, 1856-1879 M 1837-1922 Orig reg RCMA 1889-1920 C 1820-1826, 1856-1900 M 1837-1900 Copy reg Microfilm MF 9/248-251 C 1870-1900 Copy reg Microfilm MF 1/203 C 1838-1900 Copy Microfilm MF 9/251 index C 1947-1962 M 1947-1954, 1961-1962 Reg rets RCSF 2 MANCHESTER, St Casimir (Oldham Road) see MANCHESTER, Collyhurst MANCHESTER, St Joseph (Goulden Street); Diocese of Salford [closed] C 1852-1903 M 1856-1904 Orig reg RCMJ C 1852-1903 M 1856-1904 Copy reg Microfilm MF 9/253-254 C 1873-1887 M 1885-1904 Copy reg Microfilm MF 1/243 C 1856-1903 Copy Microfilm MF 9/254 index For references in bold e.g. RCLN, please consult catalogues for individual register details and the full reference. For records in the Searchroom held on microfiche, microfilm or in printed or CRS format, please help yourself or consult a member of the Searchroom Team. 1 MM MANCHESTER, St Mary (Mulberry Street) [The Hidden Gem]; Diocese of Salford C 1794-1932 M 1837-1965 Orig reg RCMM C 1794-1922 M 1831-1903 B 1816-1825,1832-1837 Copy reg Microfilm MF 9/21-25 C 1947-1962 M 1947-1954, 1961-1962 Reg rets RCSF 2 C 1794-1819 B 1816-1825 Copy reg Microfilm DDX 241/24 C 1820-1831 Transcript CD Behind “Issue desk” in Searchroom C 1870-1941 M 1871-1941 Copy reg Microfilm MF 1/240-241 C 1850-1949 M 1837-1938 Copy Microfilm MF 9/25 index C 1870-1941 Index Microfilm MF 1/241 MANCHESTER, Livesey Street, see MANCHESTER, Collyhurst MANCHESTER, Ancoats, St Alban; Diocese of Salford [closed] C 1863-1960 M 1865-1959 D 1948-1960 Orig reg RCMN C 1863-1960 M 1865-1959 D 1948-1960 Copy reg MF 9/218-219 C 1947-1953, 1955-1960 M 1947-1954 Reg rets RCSF 2 C 1870-1941 M 1865-1941 Copy reg Microfilm MF 1/228-229 For references in bold e.g.
  • Wigan Local Development Framework Communities Evidence Review

    Wigan Local Development Framework Communities Evidence Review

    Wigan Local Development Framework Communities Evidence Review June 2009 Wigan Council Environmental Services Contents Title Table A. National A1. Community Development Sustainable Communities – building for the future (2003) A1.1 Firm Foundations: The Governments Framework for Community Capacity A1.2 Building Better Public Building A1.3 The Role of Community Buildings A1.4 Strong and Prosperous Communities A1.5 Place Matters A1.6 Local Democracy, Economic Development and Construction Bill (December, A1.7 2008) The Children’s Plan: Building Brighter Futures A1.8 Living Places Prospectus A1.9 Sustainable Communities: People, Places and Prosperity (A Five A1.10 Year Plan) A2. Education and Learning Framework for the Future, Libraries, Learning and Information in the next A2.1 Decade Public Library Service Standards A2.2 Public Library Matters A2.3 Building Schools for the Future A2.4 Better Buildings, Better Design, Better Education A2.5 A3. Health NHS Local Improvement Finance Trust (LIFT) A3.1 Building on the Best A3.2 Design and neighbourhood healthcare buildings A3.3 Title Table A3.4 Physical Activity and the Environment A3.5 Tackling Obesities: The Foresight Report Health, place and nature: How outdoor environments influence health and A3.6 well-being: Knowledge base A3.7 Healthy Weight, Healthy Lives: A Cross Government Strategy for England A4. Demographics and social inclusion The Influence of Neighbourhood Deprivation on People’s Attachment to A4.1 Places A5. Community Safety and neighbourhoods Safer Places: The Planning System and Crime Prevention A5.1 B. Regional B1. Community Development Sustainable Communities in the North West B1 B2. Health Health Evidence Paper B2 C.
  • Stunning Freehold Office Investment New Islington, Manchester, M4 7Bd an Absolutely Investment

    Stunning Freehold Office Investment New Islington, Manchester, M4 7Bd an Absolutely Investment

    STUNNING FREEHOLD OFFICE INVESTMENT NEW ISLINGTON, MANCHESTER, M4 7BD AN ABSOLUTELY INVESTMENT INVESTMENT SUMMARY • Cutting edge design, modern Grade A office with ground floor retail • Well located on Manchester’s inner ring road with excellent rail and Metro Communication Links. • 25,185 sq. ft. (2,340 sq. m.) with attractive 5,261 sq. ft. (489 sq. m.) floor plates. • 42 Onsite car parking spaces (1:600 sq. ft.) • Let to Kacoo Fashion Limited for 6 years from 15th February 2016 on FRI terms. • Kacoo Fashion has a Dun Bradstreet rating of 2A2 • Rent of £402,100 per annum breaking back to a modest £16.31 per sq. ft. inclusive of cars. • Highly reversionary. Grade A CPD offices now letting at £32.00 / £34.00 per sq. ft. and nearby refurbished buildings now targeting rents in excess of £20 per sq. ft. • Freehold • Major development activity within close proximity will continue to enhance the immediate location. • Asking price £5,200,000 (Five Million Two Hundred Thousand Pounds) representing a Net Initial Yield of 7.25% assuming standard purchasers costs of 6.6%. • A purchase at this level reflects a low capital value of £181 per sq. ft. assuming cars at £15,000 per space. HOME INVESTMENT SUMMARY MANCHESTER LOCATION / SITUATION AERIAL NEARBY DEVELOPMENT TRANSPORT DESCRIPTION SPECIFICATION ACCOMMODATIONWELCOME DESCRIPTIONTENANCY / TENURE LOCATIONOFFICE MARKET SPECIFICATIONINVESTMENT MARKET ACCOMMODATIONRECENT TRANSACTIONS GALLERYGALLERYFURTHER INFORMATIONCONTACTS AN ABSOLUTELY CITY MANCHESTER Manchester is the centre of a thriving city region and is widely recognised as the second largest economy in the UK after London with a gross value added of £51bn.
  • Manchester Migration a Profile of Manchester’S Migration Patterns

    Manchester Migration a Profile of Manchester’S Migration Patterns

    Manchester Migration A Profile of Manchester’s migration patterns Elisa Bullen Public Intelligence Performance and Intelligence Chief Executive’s Department Date: March 2015 Version 2015/v1.3 www.manchester.gov.uk Introduction ...................................................................................................................................................3 Manchester’s Migration History ..................................................................................................................... 3 International migration trends ................................................................................................................ 3 Internal migration trends ........................................................................................................................4 Household movement ...................................................................................................................................5 Households moving within a ward ......................................................................................................... 8 Households moving from one Manchester ward to another ................................................................... 9 Long-term International Migration ............................................................................................................... 11 Wards popular with recent movers from abroad .................................................................................. 13 Country of birth ...................................................................................................................................