Manchester demands ‘record-breaking bids’ for prime assets

Expectations are high for the North West, despite wider headwinds. Paul Firth, head of real estate at law firm Brabners, says the area should be on track to see 20% growth in the investment market in the next four years, led by growing interest from US and Chinese investors. Manchester Airport and Peel’s Port of Liverpool are likely to play a growing role on both a national and international level given the UK’s new focus on wider trading relations, he adds. However, James Porteous, capital markets director at JLL Manchester, expects none of the city’s ultra-prime buildings to change hands