Manchester's status as a hotspot for investment and development has been backed up by a major report which reveals the five areas where it is seeing off all competition.
John Ogden, CBRE North's managing director, said: "When identifying key growth markets for office real estate, economic and demographic factors are fundamental. Manchester features top in CBRE’s rankings, partly because it is expected to benefit from the strongest GDP growth. "Manchester already has the largest proportion of households in the private rented sector sector which is set to continue due to the strong expected population growth over the next decade."
With ongoing growth in online shopping a major driver in the demand for urban logistics space, CBRE also identified locations with a high online penetration percentage, access to high-speed internet and a forecasted growth in population by age groups with online spend propensity