How we use Cookies

Birmingham named best city in the UK to invest money

The city was named above the likes of Madrid, London and Paris in an annual survey of European investors’ intentions

Birmingham skyline taken from the Alpha Tower
Birmingham continues to be a target for new investment

Birmingham has been named the most investable city in the UK for a second year running.

The city was named above the likes of Milan, London and Paris in an annual survey of European investors’ intentions, which named it the sixth best place to invest money on the continent.

The respected survey, by the Urban Land Institute (ULI) and adviser PwC, represents a major boost to the city’s prospects, on the back of major schemes like HS2 and the Curzon Street regeneration .

The report, which is a useful guide to where experts think the market might be heading, collated interviews with more than 500 developers, investors and property managers across Europe.

Anthony McCourt, founder of city development firm Court Collaboration, said he was unsurprised by the ranking.

His firm has been contacted by investors from the Far East keen to put money into major regeneration schemes in the city.

He said: “The rest of Europe are finally starting to realise something we have known for a long time in Birmingham – its potential is almost limitless.

“We feel fortunate to be based here, and increasingly more and more are starting to see the benefits of investing in Birmingham.”

Berlin tops the list while London is in a lowly 15th place, thanks to high prices and a crunch on yields.

They were asked to rate each city based on investment prospects, and for their impressions on the future of the property market – both residential and commercial.

One investor said: “I think it is finally proven that Birmingham is attracting employees and employers from London. At several buildings in Birmingham which we own, the tenants have moved people there because it is cheaper.”

The report pointed to major boosts to the city’s business scene, including HSBC’s relocation to Arena Central and HS2’s move to Two Snowhill .



Graeme Brown
Editor (Agenda and Business)
Enda Mullen
Business Reporter
Tamlyn Jones
Business Reporter
Neil Elkes
Local Government Correspondent
Emma McKinney
Education Correspondent
Ben Hurst
News Editor
Jonathan Walker
Political Editor