Business in Birmingham set to be more buoyant in 2017

At the recent Midlands’ Property Predictions event the mood for business in Birmingham was an upbeat one. Investment consultancy Jones Lang Lasalle said that the West Midlands was well placed to cope with the uncertainties brought about by Brexit and President Trump and, in fact, the city may stand to benefit from an export perspective, with main export destinations being the USA and China.

Jon Neal, UK head of research for JLL, said that: “The city is looking very attractive with investment yields well ahead of most comparable cities within Europe including Barcelona, Cologne and Milan and growth in residential sales values are set to outperform London and the national average.”

Ian Cornock, JLL’s lead director in the Midlands added, “We’ve invested in our city’s infrastructure and amenities and as a result have seen a lot of overseas attention which we expect to continue in 2017, particularly from the Chinese.”
 
You can read the full article here
 
15 February 2017
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