The growth of Manchester’s commercial property investment

The growth of Manchester’s commercial property investment

Manchester saw an incredible total of £1.2bn invested in commercial property in 2015, a 3% increase on the £992m recorded in 2014.

According to research recently published by CoStar Group, Britain’s leading commercial property information provider a total of £67.5bn was invested in UK commercial real estate in 2015, making it the second strongest year on record, 46% above the 10-year average.

Marianne Fitzpatrick, Real Estate Analyst, CoStar, said: “Manchester is now leading the way for office investment in the ‘Big Six’ regional UK cities, accounting for over a third of total expenditure into the office market in 2015.”

“Office sales accounted for a whopping 97 per cent of total investment volumes, as £1.12 billion was invested in 46 deals.”

“Manchester is at the centre of the Government’s Northern Powerhouse initiative and was first to receive ‘City Deal’ funding and regional devolution.”

“Massive infrastructure improvements, such as the Metrolink tramline and airport expansions, have played a significant part in attracting investment into the city alongside the desire of international investors seeking deals outside of London.”

The top deals of 2015 include Legal & General’s acquisition of a 50% stake in MediaCityUK, Singaporean REIT Mapletree’s purchase of 3 Hardman Street for £100m, Deutsche Asset & Wealth’s forward funding of 2 St Peter’s Square for £100m and M&G’s purchase of 3 Hardman Square in Spinningfields at a 5.79% yield.

Marianne added: “The Big Six regional cities are attracting more and more attention, suggesting that investors have the money to spend and are seeing value outside of Central London.”

“The political will behind regional devolution has given the regions an additional shot in the arm as £3.2bn, a rise of 16 per cent year on year, has been invested in the ‘Big Six’ office market in the last 12 months.”

“Manchester offices are firmly leading the way for Big Six office investment, and with the city as the nucleus of the Northern Powerhouse initiative, Manchester commercial property should continue to attract investment.”

Source: Manchester Evening News

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:


Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment


Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:


+44 (0) 333 123 0320

Open from 9am-6pm GMT


+852 6699 9008

Open from 9am-6pm HKT