Cambridge, Edinburgh and Bristol are the top three cities in the 海角视频 for residential property investment, according to a new report.
Bristol ranked highly due to its strong economy, skilled and educated workforce, house price growth, strong rental yields and low level of income inequality, the report by global commercial real estate firm Colliers International found.
The Top 海角视频 Residential Investment Cities report placed the city just behind Cambridge and Edinburgh, which took the two top spots.
The firm compared key cities from the 海角视频 against 20 indicators in the four the main areas of economics, property, education and liveability.
Jo Edwards, head of South West and Wales office of Colliers, said: 鈥淏ristol is a beautiful and vibrant city, with a cosmopolitan waterfront and an array of attractive green spaces. It is renowned for its creative scene, and a flourishing foodie culture.
鈥淎n ambitious regeneration project will bring a new 拢300m University of Bristol campus to the heart of the city in 2025, as well as a new 17,000 capacity arena scheduled to open in the north of the city in 2024.
"We are seeing a range of residential opportunities and developments coming forward for a variety of accommodation, and complementary commercial space.鈥
Andrew White, head of residential at Colliers, said residential investors were often attracted to the big-name cities, but the firm's analysis offered a "wider perspective".
Sign up for more business news straight to your inbox
Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. To sign up, find out more and see all of our newsletters, follow the link here
"With its significant regeneration programme and strong house price growth it鈥檚 only natural that Bristol has come high up on the list," he said.
Oliver Kolodseike, deputy chief economist at Colliers, compiled the results.
He added: "Colliers conducted a deeper dive across different categories of interest that may be relevant to various groups of individuals from developers to occupiers to investors. Bristol has strengths across all four of these categories, placing it in our top three cities.鈥
Top 10 海角视频 cities for residential investment
Cambridge
Edinburgh
Bristol
London
Manchester
York
Belfast
Reading
Leeds
Milton Keynes
