UK cities showcase €120b+ of investment opportunities at Expo

The new UK government is taking its ‘get Britain building’ pledge to Expo Real by showcasing £100 bn-plus (€120 bn) of investment opportunities to the international real estate community.

A 100-strong delegation comprising the UK Cities & Partners (UKCAP), Department of Business and Trade and some of the UK’s largest local authorities will launch a ‘UK Investment Prospectus’ to attract international investment, in the biggest-ever UK presence at Expo to date.

Manchester, Newcastle, London, Bristol, Bath, Liverpool, the Oxford to Cambridge region, West Midlands and the Thames Estuary are among the authorities that will present opportunities in Munich.

The public and private sectors are backing the UK investment pavilion which aims to unlock new, long-term investment partnerships for the UK.

Gus Wiseman, head of investor relations at the Department for Business and Trade, said: ‘Our Department is firmly committed to driving the government's mission for growth, supporting thousands of investment projects each year across the different nations and regions of the UK. Through reaching out to international investors, we can fund innovative new technologies, achieve our net zero goals and future-proof our economy.’

Melanie Leech, CEO of the British Property Federation commented: ‘The UK is one of the best places in the world to invest in real estate. Our educational, cultural and professional impact globally is unmatched and creates compelling investment opportunities in everything from life sciences to logistics, residential to retail, and all sectors in-between.

‘The UK’s city regions are the drivers of the UK’s economy and future growth, and Expo Real is a perfect chance to showcase the wealth of investor propositions that the UK has to offer.’

Jace Tyrrell, CEO of Opportunity London, said: ‘We are delighted to be joining UKCAP for this year’s Expo Real, championing London as a leading global destination for capital investment.

‘London is the most diverse global city in the world, where people have chosen to live, work and explore for over 2,000 years. We have secure political, financial and legal institutions providing assurance to investors for their long-term stable returns, as we turbo charge our Net Zero City. We look forward to joining up with our colleagues in other UK cities to deliver investment through London and across the UK.’

Bev Craig, leader of Manchester City Council, commented: ‘Manchester is one of the fastest growing cities in Europe. Over the past two decades we have been putting in the work to create a fairer, greener, and more inclusive city-region, with economic growth at its core.

‘With a new government in place that has made growth a defining mission, we are well positioned to accelerate delivery at the regional level, leveraging our proven track record and existing long-term strategic vision. Manchester can be looked to as a true exemplar for how to grow well and undoubtably represents the most exciting investment opportunity in the UK right now.’

Steve Rotheram, mayor of the Liverpool City Region, said that by attracting international funding, ‘we will not only contribute to the nation's growth but also act as a catalyst for much needed regeneration, delivering good jobs and new training opportunities for local people’.

He added: ‘This is about building a future where the Liverpool City Region continues to lead, both nationally and globally.’

Richard Hutchins managing director of the Oxford to Cambridge pan-Regional Partnership noted: ‘The UK's message could not be clearer: we're open for business and eager to work with the global investment community to secure the sustainable, environmentally distinctive development and infrastructure for our towns and cities.

‘We're delighted to be part of the 100-strong UK delegation representing the UK's investment potential at Expo Real. The Oxford to Cambridge region has the scale and capabilities to become a top-three global science supercluster and we're on a mission to accelerate the economic opportunities created by our region's strengths in research, science and innovation, at pace, for our region to achieve this potential.’

Aviva Investors, Legal & General, Avison Young and Clifford Chance are actively supporting the UK presence at the event with strategic investor engagement.

Gareth Mee, chief investment officer, capital investment private markets at Legal & General, said: ‘Public-private sector partnerships are at the heart of how we deliver precisely-targeted investment and developments that are meeting local needs and priorities in cities across the UK, such as Newcastle, Manchester, and Birmingham amongst others.

‘Legal & General are looking forward to being part of the UKCAP pavilion for a second year and engaging with like-minded partners with a shared goal of driving innovation and growth across the UK.’

Ben Sanderson, managing director of real estate at Aviva Investors, remarked: ‘As one of the largest investors in UK real estate and infrastructure, we see our work co-investing and partnering with local authorities as vital in helping to drive innovation and growth in cities across the UK. Examples such as Enterprise City in Manchester and our commitment to growing sustainable single-family housing across the country show how the private sector can help the UK get ready for the future.’

The UK pavilion will host events over the three days of the show and present the UK Investment Prospectus to investors at closed-door meetings in Munich.

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