Why invest in property in Birmingham?

 #WHYBHAM 

Top 10 reasons to invest in Birmingham

In 2015 Birmingham was named the most investable city in the UK for a second year running named above the likes of Milan, London and Paris in an annual survey of European investors’ intentions, which named it the sixth best place to invest money on the continent.

Source: Urban Land Institute



1. Strongest growth in economic output 

Between 2012 and 2013 (latest available data) Birmingham’s workplace based Gross Value Added grew by 6% - more than double the UK rate of 1.6%. Source: Office for National Statistics (ONS) GVA data

2. More foreign direct investment (FDI) than any other region 

77 foreign direct investment (FDI) projects were attracted to the Greater Birmingham and Solihull LEP (GBSLEP) area in 2014 – up by 57% on 2013 and the highest of all the LEP areas. The area also created the most jobs – a total of 4,841 - a 98% increase on the previous year. Source: UKTI

3. Most entrepreneurial UK city outside London

18,337 new businesses were registered in Birmingham during 2014 – an increase of over 2,000 on the previous year, and more than any other city outside the capital. Source: StartUp Britain analysis of Companies House data

4. Leading export performace

At £21 billion to date in 2014 (Jan-Sept) exports from the West Midlands have been the second highest in the country behind only the South East – and higher than London. In 2013 the West Midlands reduced its balance of trade deficit by nearly £6 billion, the biggest reduction of any region. Source: HM Revenue & Customs Trade data, 2012/13

5. Strongest growth in international tourism

Between 2012 and 2013 Birmingham saw an increase of nearly 230,000 (32%) in the number of international visits – the strongest growth in the country in absolute terms and more than all other core cities put together. Source: ONS International Passenger Survey

6. Better quality of life

Birmingham was ranked as having the highest quality of life of any UK city outside of London in 2013. In 51st place in the world rankings the city was ahead of Glasgow (54th), Aberdeen (56th) and Belfast (63rd). Source: Mercer Quality of Life Index

7. Best educational attainment and highest quality schools

In 2013 Birmingham had the highest proportion of pupils achieving at least 5 GCSEs at grades A*-C including English and Maths of all the English core cities. Birmingham also had the highest proportion of local authority run schools receiving an ‘outstanding’ OFSTED inspection rating. Sources: Department for Education, OFSTED

8. Most popular destination outside the South East for people relocating out of London

In 2013 5,480 people relocated from London to Birmingham, well ahead of its nearest rivals, suggesting that affordable housing, good quality of life and relative proximity to London are all making Birmingham a particularly attractive proposition. Source: ONS Internal Migration Statistics

9. Most popular conference and event destination

In 2014 Birmingham was the most popular conference and event destination in the UK outside London. Source: British Meetings & Events Industry Survey 2014/15

10. Fastest growing city 

Between 2003 and 2013 Birmingham’s population increased by nearly 96,000 – well ahead of its nearest rival. Birmingham is also the youngest major city in Europe and has seen the fastest growth in numbers of under 25’s of any UK city outside London. Source: ONS population mid year estimates