Despite the challenges of Covid-19 and Brexit, office space in Manchester continues to be in high demand, PropertyInvestorToday.co.uk reported last month.
During the pandemic, there have been planning applications submitted for 2.6 million square feet of office space in Manchester. There are a number of reasons why, despite the challenges of Brexit and Covid-19, demand in the city remains high.
Top companies such as Amazon, Kellogg’s and the BBC are attracted to Manchester by the city’s growing talent pool, especially in the areas of engineering, manufacturing and digital technology. Every year, the city’s universities produce 36,000 talented graduates, around 60% of whom remain and work in the Manchester area. This is little surprise since Manchester has been voted the UK’s most liveable city over the last 10 years by the Economist’s Global Liveability Index.
Several high-profile projects are improving the transport network in Manchester, including the high-speed rail project HS2, two new stations, and a new terminal at Manchester Airport. This will make the region more attractive to companies looking to relocate their offices.
Manchester has demonstrated its resilience during the pandemic and there is confidence in the city’s future. The city boasts a thriving job market, plenty of quality accommodation for employees and a rapidly improving public transport system. With many premium office developments being constructed or at the planning stage, it remains a popular place to live and work in and the top choice for many companies looking for new office space.