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Manchester tipped as property investment hot spot
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Published by Property Wire on Tuesday, 28 May 2011
Manchester, known across the globe for having one of the world’s most famous football clubs, has come a long way over the years and is now firmly one of England’s biggest and most popular cities not just for football or leisure attractions, like The Trafford Centre, but for excellent property investment opportunities, it is claimed.
Currently, the Manchester metropolis is doing well on several fronts seeing an increase in turnover in retail businesses by 2.7% in the year up to March 2011 according to data from CityCo, in addition to the Civil Aviation Authority recently publishing new research showing a 12.8% increase in passenger numbers at Manchester Airport between February and March this year, a rise of 137,000 passengers, the highest monthly increase since May and June 2010.
Recently, the city of Manchester was dubbed a top spot for investment according to a report by Knight Frank suggesting that it is now one of the best cities with the strongest investment potential in the UK.
