Ready to spring back after a difficult 18 months, the city has the potential to thrive once again – despite the challenges.
After a year and a half of living through a pandemic, enquiries for commercial space in Manchester have yet to recover with enquiries falling by 18% between H1 2020 and H1 2021, whilst the rest of the UK saw an increase of 66%.
With deal data showing exciting new plans for the city, including the first new public park in more than a century, the much-needed green space sums up the city’s aspirations as it recovers. The post-pandemic resurgence is not a return to normal; it is a journey to create a place that is even better, greener, and more resilient than before.
This city focus explores how the property industry has reacted to more than a year of upheaval and where its focus is shifting as the country eyes a swift recovery. Deal data from EG Radius reveals top recent activity across key sectors – office, retail, industrial and residential – and EG Propertylink data provides a guide to the kind of space the industry is considering now.