Why Invest in Leeds?
Why invest in Leeds? There are plenty of good reasons to buy property and invest in Leeds, here we access what leads has to offer property investors. Leeds is a city in has excellent connectivity, only 2 hours from London by Train, and 6 Hours from Paris and Brussels by Train. Leeds city Region is surrounded by a strong workforce of 1.9m people, which is one of the largest outside of London, and due to the brilliant connectivity by road, there are 7 million people within a 1 Hour drive.
Leeds continues to grow with 210,000 students from 150 countries who study here at our higher education institutions, and stay connected with university alumni networks. That’s a huge pool of native multi-linguists for businesses who rely on fluent communication for international competitive edge, alongside 9,000 students who study professional modern languages here. The workforce is 1.9m people, which is one of the largest outside of London.
A Hub for Education
One of Europe’s most significant higher education clusters with 8 renowned universities and 14 further education colleges. As well as top-ranking independent schools like those in Wakefield, Harrogate and York, the Leeds City Region has 14 further education colleges, nine higher education institutions and well-respected colleges of art, design and music. The innovation potential from highly-skilled graduates is virtually limitless here, with one of the highest concentrations of universities in Europe.
Commitment to future Growth
There has been significant inward investment into Leeds. In 2014 Leeds City Region secured £1bn Growth Deal with the UK government. This includes £537m between 2015-2021 to deliver an ambitious growth agenda, and a further £420m to deliver the West Yorkshire Transport Fund. £73m has been confirmed in the first year for projects that alone will help create up to 9,000 jobs, 1,000 new homes and generate up to £370m in public and private investment to boost regeneration, growth and jobs. Major property and land regeneration projects are already underway. Projects like the Leeds City Region Enterprise Zone and the Bradford City Centre Growth Zone demonstrate the Leeds City Region’s commitment to continued value, opening up new opportunities for long-term business growth.
Those who are considering to invest in Leeds, should consider Leeds the diverse economy, which also has a Large Financial services sector with 30 national and international banks and Over 109,000 Businesses are already based in Leeds. Additional to this Leeds has a buoyant manufacturing sector which is worth over £7 BN. The Leeds City Region is diverse and economic growth is spread over a broad spectrum of companies with niche strengths in our core growth sectors, presenting more opportunities for rapid, sustained growth and genuine competitive edge in business. That’s why the Leeds City Region economy grew by 40% in the last decade despite global recession. Employment also rose by 11,000 since 2011, and since 2012 developments like Leeds’ £350 million Trinity shopping centre and Bradford’s award-winning City Park have opened in defiance of unfavourable global economic conditions. Figures like these prove that the Leeds City Region presents a dynamic yet secure opportunity for and shows good reason to invest in Leeds. Click here to view the available opportunities in Leeds.