We are concentrating our efforts on the North West of England as this is an area we know well and see the capital growth in this region to be the best in the UK over the next 5 years, this is according to a report by Savills PLC, a global real estate services provider – https://www.thisismoney.co.uk/money/mortgageshome/article-8440389/How-house-prices-forecast-rise-near-five-years.html
The UK Government have invested heavily in the region over the past few years, which includes spending over £50b on the new HS2 transport project which will reduce the rail travel time between Manchester and London to just over 1 hour.
We have an extensive network of contacts to source opportunities and stalled development sites in all areas of the North of England. Although our focus is on the North West, will evaluate every opportunity that is presented to us in other areas.
In 2015/16, the UK government identified the North of England as an area of growth and set out a vision for a Northern Powerhouse, defined by a vibrant and growing economy, a flourishing private sector and a highly skilled population able to make the most of the great opportunities that the North has to offer.
Attached is the Northern Powerhouse document, which is a little out of date now as it was written in 2016, in this document (chart A on page 6) shows the North of England would be the 8th largest country by GDP in Europe. Please also see this link to the Northern Powerhouse website – https://northernpowerhouse.gov.uk/business-environment/
The North is home to 15 million people and over one million private sector businesses. If the Northern Powerhouse were a country, it would be amongst the biggest economies in Europe. If we can assist to make this region an economic powerhouse, the whole of the UK will benefit.
Manchester’s Media City is the home of ITV and the regional headquarters of the BBC, the largest broadcaster in the world and ten of the world’s biggest companies now have an office in Manchester.
There are more than 20 universities in the North, including four that are ranked in the top 100 universities globally.
Over a quarter of the UK’s total manufacturing output and nearly a 3rd of the UK’s total renewable electricity comes from the North.
As part of the company’s environment, social and corporate governance (ESG) policy, our products are focussed on addressing the shortage of housing in the UK, predominantly the North West of England and will concentrate on funding and developing affordable studio apartments, 1 and 2 bed apartments, first time buyer and family homes, using local trades people and sustainable products where feasible.
It is also expected that there will be a surge of Hong Kong residents with British passports looking to relocate to the UK in 2021, which will compound the shortage of housing even more.