Manchester and Salford hailed as investors' dream
Monday, September 3rd
Foreign investors would do well to invest in Manchester - the UK's second major financial centre, according to one property organisation.
The International Property Investment Network (Ipin) believes Manchester is an ideal place for those looking to invest in the UK's "reassuringly stable" economy.
It also favourably compares Salford Quays with London's Docklands, due to its proximity to central Manchester, its "excellent" infrastructure, "prestigious" business and residential environments.
Bernardo Retana, Ipin's director of investment product and development, said: "Salford Quays is a prime example of how regeneration projects can work.
"As a former inland port, the quays are steeped in industrial heritage, blending tastefully with the new on-site shopping, culture, sports, hotels, restaurants and bars."
In a move likely to be taken as a sign of Salford's growing reputation, international property agent Cushman and Wakefields, the largest private real estate firm in the world, was recently appointed by Peel Holdings to promote the docks to potential occupiers.
