0:04 AM, 17th February 2025, About 10 months ago
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Edinburgh has retained its top ranking for residential investment for the third time, according to an analysis by Colliers.
The top four cities – Edinburgh, Glasgow, Manchester and London – remained unchanged in its latest report.
The real estate firm says that Reading has experienced a resurgence, climbing six places to fifth, boosted by burgeoning start-ups and a projected 2.5% annual GDP growth.
It also leads in leisure facilities provision.
The firm’s head of residential, Andrew White, said: “After a number of years of turbulence and macroeconomic challenges, it’s interesting for investors to observe that there’s been a period of stability in the UK housing market, with locations that have been sure investments in recent times remaining at the top.
“The Scottish cities are continuing to top our ranking, most likely due to the affordability and strong economic qualities of the region, as well as the quality of life indicators we consider.”
He added: “London and Manchester continue to be high performers because of the population mix of professionals, service workers and students, along with the cities being the home to thousands of multinational companies, providing continuous employment opportunities.
“There are also lots of infrastructure and leisure benefits which make these cities attractive places to live.”
Colliers’ biannual report analyses 20 locations within the UK against 24 indicators, including GDP, population growth, EPC rankings and leisure facilities.
These indicators are grouped into five categories: economy, research and development, liveability, property and sustainability, to cover the various interests of residential investors.
The analysis found that Oxford had fallen to ninth due to lower GDP forecasts, rising inequality and fewer new businesses, placing it behind Milton Keynes, Belfast and Cambridge.
Cardiff secured tenth position again.
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