Why Birmingham is becoming a target for overseas property investors


In the recent annual report published by the Urban Land Institute and PwC, Birmingham has been highlighted as one of the top European cities for property investment.

 

Birmingham is starting to pull in major investors who are finding London too competitive and too expensive. The city is also gaining a strong reputation for new business start-ups with 19,000 new businesses being created in 2014.

 

The lower property costs, the reputation for new business innovation and the potential arrival of HS2 in 2026 are all attracting investors who are looking to the long term and Birmingham’s potential.

 

The top ten cities from the report are listed below:   2015 Ranking  2014 Ranking  Change

 

1          Berlin                                                                           4                      +3

2          Dublin                                                                         2                      =

3          Madrid                                                                       19                    +16

4          Hamburg                                                                     3                      -1

5          Athens                                                                        28                    +23

6          Birmingham                                                             20                    +14

7          Copenhagen                                                                8                      -1

8          Amsterdam                                                                25                    +17

9          Lisbon                                                                         26                    +17

10        London                                                                        5                      -5

 

Birmingham has gone up a significant 14 places in the ranking since the last report which is testament to how the city is now being viewed by international investors.

 

This is good news for both the property market and economy in Birmingham and represents a great opportunity for the city.

 

 

 

 

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Why Birmingham is becoming a target for overseas property investors
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Why Birmingham is becoming a target for overseas property investors
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In the recent annual report published by the Urban Land Institute and PwC, Birmingham has been highlighted as one of the top European cities for property investment.
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