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Why Cleveland is still one of the HOTEST markets for investors

Cleveland, a city with a population of around 380,000 and a huge metro area housing 2 million residents, is still one of the best hotspots for real estate investors. The city’s unique combination of affordability, growth potential, and economic stability offers a compelling case for both local and overseas investors. A Strong Economic Foundation Cleveland’s economy is anchored by key industries such as manufacturing, healthcare, and finance. The city is home to world-renowned institutions like the Cleveland Clinic, University Circle, and University Hospitals, which not only contribute to the local economy but also provide a level of stability that is highly attractive to investors. The Cleveland Clinic, the city’s largest employer, with 38,000 employees, underscores the healthcare sector’s recession-proof nature, making real estate investments in the area particularly appealing. Beyond healthcare, Cleveland is growing as a financial hub, with major companies like Progressive Insurance, Key Bank, and Amazon establishing significant presences. Amazon, for instance, has acquired 2.3 million square feet of office space in the city, while Sherwin-Williams, the global paint manufacturer, is building its new global headquarters and has pledged to invest over $600 million in the area. Real Estate Market Overview Cleveland’s real estate market offers a unique combination of affordability and growth potential. The average price for a single-family home in 2024 is approximately $211,000, which is 39% lower than the national average. Even more striking, the overall average home price is just $140,000, making it a whopping 60% below the national average. This significant affordability is one of the primary reasons Cleveland has become a hub for investors seeking low-entry housing with the potential for growth and steady cash flow. In certain neighborhoods like North and South Collinwood, prices are even lower, with homes available from $80,000. Despite recent double-digit appreciation—Cleveland home prices rose by an average of 26% between 2023 and 2024—the market remains accessible. Homes are selling faster as well, with average days on market dropping from 41 to 31 earlier in 2024. However, the market’s rising foreclosure rate, currently the highest in the country at 0.6%, has also attracted the attention of savvy investors looking for opportunities to buy properties at a discount. A Thriving Rental Market The rental market in Cleveland is equally promising for investors. In key investment neighborhoods, the average rent is $1,335, about 30% lower than the national average. This lower cost, combined with a favorable price-to-rent ratio of 13, makes buying more attractive than renting, signaling strong cash flow opportunities for property investors. Over the past decade, the average rent in the Cleveland metro area has increased by 39.4%, or 3.77% annually, further enhancing the appeal for buy-to-let investors. Cleveland has also led the nation in single-family rent increases over the past 10 years, with rentals rising by 9.4%. Investment Opportunities Given the market dynamics, Cleveland is ranked as the 8th hottest real estate market for 2024 by numerous top real estate platforms. With prices starting as low as $59,900 for single-family homes and duplexes available from $80,000, investors can expect net returns between 12% and 20%. The city’s combination of affordable entry points, strong rental demand, and consistent appreciation makes it an ideal environment for real estate investors looking to diversify their portfolios and capitalize on growth opportunities. Conclusion Cleveland offers a rare blend of affordability, growth, and economic stability, making it a prime destination for real estate investment in 2024. Whether you’re an out-of-state investor or an overseas buyer, Cleveland’s market dynamics present a lucrative opportunity that ticks all the right boxes. Contact us now for more information on how to take advantage of this booming market!

Gulf Investors Poised to Pour Capital into UK Property Market

In a recent report by Property Industry Eye, it was highlighted that investment in the UK property market by Gulf investors is on the verge of a significant increase. New research from the Bank of London and The Middle East (BLME) reveals that the UK market is approaching a “once-in-a-decade economic alignment.” Factors such as anticipated interest rate cuts later this year, a newly instated government, decreasing inflation, and lower property prices in certain segments are creating a prime opportunity for Gulf Cooperation Council (GCC) investors from Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman to deploy their capital. The report underscores that a staggering 87% of interviewees believe that falling interest rates will be a major driver of GCC investor appetite over the next 12 months. This economic environment is setting the stage for increased investment activities from the Gulf region. Looking ahead, BLME predicts that demographic trends and supply shortages will make the living sector a particularly attractive option for investors, especially those from the GCC. Purpose-built student accommodation stands out as a popular asset, with 68% of respondents indicating their clients’ focus on this sector due to structural shortfalls and low tenant failure rates. This trend is likely to continue as the demand for high-quality student housing persists. Rashid Khan-Gandapur, Director of Real Estate Finance at BLME, commented on the situation: “We anticipate investors from the GCC will look to the UK to diversify their portfolios. They will see profitable opportunities to invest and improve existing building stock, including enhancing ESG credentials as a driver of value. Investment in UK commercial properties as a whole is expected to grow to over $4 billion annually. This figure will be boosted further by investment in the residential sector, with GCC investors showing a growing appetite for undertaking large-scale living sector investments.” Andy Thomson, Head of Real Estate Finance and Private Banking at BLME, added: “The UK has a new government in place, the Brexit decision from 2016 is firmly in the rearview mirror, and the economic and political landscapes have a relatively stable outlook compared to other countries in Europe. In addition, interest rates are forecast to fall during 2024 and 2025, which means the UK is very well placed to attract an increased level of inward investment from the GCC.” The convergence of these factors suggests a robust future for UK property investments from Gulf countries. With interest rates set to decline and the UK market offering stability and attractive opportunities, GCC investors are likely to significantly influence the UK property landscape in the coming years. The anticipated surge in capital from the Gulf region will not only invigorate the property market but also contribute to the broader economic growth and development of the UK’s real estate sector. Here at Global Investments, we have a team on the Ground in Dubai, UAE ready to meet and discuss your needs. Contact us to arrange a meeting.

America’s Housing Crisis: Insights from NLIHC’s Latest Report

The National Low Income Housing Coalition (NLIHC) has just released its annual report, “The Gap: A Shortage of Affordable Homes,” revealing a dire situation regarding the availability of affordable rental housing in the United States. Every year, the NLIHC’s report delves into the accessibility of affordable rental homes for extremely low-income families and individuals nationwide, as well as in each state and metropolitan area. This year’s findings paint a troubling picture: a staggering shortage of 7.3 million affordable and available rental homes confronts the nation’s lowest-income renters. The report highlights that this shortage forces nearly three-quarters of renters with extremely low incomes into severe cost burdens, wherein they spend more than half of their income on rent. Shockingly, these severely cost-burdened renters make up almost 70% of all renters facing such financial strain across the U.S. Diane Yentel, President and CEO of NLIHC, underscores the persistent housing instability faced by millions of the most vulnerable households, despite economic stability and rent trends. Yentel stresses that while effective solutions exist to combat housing insecurity and homelessness, the crucial missing element is political will. She calls on Congress to urgently enact robust legislation to ensure universal rental assistance, foster the construction and preservation of affordable homes, implement eviction prevention measures, and bolster renter protections. The report’s data reveals that the shortage is widespread, affecting every state and the District of Columbia. Even states with fewer shortages still struggle significantly. For example, Nevada, Arizona, California, Alaska, Florida, and Texas—all among the hardest-hit states—have fewer than three affordable rental homes available for every 10 extremely low-income renters. Nevada, in particular, has fewer than two such homes available for every 10 renters. Even states with comparatively fewer shortages have fewer than six rental homes affordable and available for every 10 extremely low-income renters. The report’s conclusion is stark: the private market fails to adequately serve renters with extremely low incomes, and current funding for housing assistance is grossly inadequate. It emphasizes the urgent need for sustained investments in deeply income-targeted programs like the national Housing Trust Fund, Housing Choice Vouchers, and public housing. As the nation faces this systemic housing crisis, the NLIHC’s report serves as a wake-up call. It urges policymakers to prioritize affordable housing initiatives and take bold action to ensure housing stability for all Americans, especially those with the lowest incomes. In light of these findings, it is imperative for Congress and stakeholders at all levels to respond proactively and decisively to address America’s housing crisis. If you would like more information on our US rental properties please email invest@globalinvestmentsincorporated.com

UK Social Housing Shortage

The current state of social housing in the UK is facing a severe shortage, as highlighted by Shelter, an organization dedicated to addressing homelessness and inadequate housing. Despite the recent enactment of the Social Housing (Regulation) Act, Shelter emphasizes the urgent need for additional government action. While this legislation represents progress in safeguarding tenants’ rights, it alone cannot address the housing crisis. Shelter underscores the necessity for increased investment in social housing to alleviate the plight of over a million households languishing on waiting lists and the staggering 100,000 households currently homeless. The organization provides a comprehensive overview of the issue, citing alarming statistics and outlining proposed solutions. The shortage of social housing is glaring, with demand far outstripping supply. Over one million households are awaiting social homes, while the previous year witnessed the sale or demolition of 29,000 social homes, with less than 7,000 new ones constructed. This trend has led to a significant decline in social housing availability over the past four decades, with 1.4 million fewer households accommodated compared to 1980. Consequently, many individuals and families are forced into the private rented sector, exacerbating housing affordability issues. The situation is exacerbated by a decline in social housebuilding, reaching its lowest levels in decades, and a concurrent surge in private house prices. The escalating housing emergency underscores the need for affordable housing options. However, social housing delivery has faltered since the 1980s, resulting in a significant shortfall. While the government mandates a portion of new builds to be designated as Affordable Housing (AH), this approach falls short in addressing the dire need for social housing. The definition of ‘affordable housing’ encompasses various forms, including social rented housing, affordable rent, subsidized homeownership, starter homes, discounted market sale housing, and shared ownership. Despite successive governments setting ambitious targets for new home construction, these goals consistently go unmet, leaving the UK facing a shortfall of approximately 1.5 million homes. Moreover, the reliance on developer contributions to deliver affordable homes has proven insufficient, with social housing levels dwindling. The government’s strategy of entrusting social housing delivery to profit-driven developers has failed to yield adequate results, further exacerbating the housing deficit. Because of inadequate social housing provision, the number of individuals residing in overcrowded homes and temporary accommodations has surged. Despite a temporary flattening of waiting lists for social housing since 2012, this trend is attributed to councils purging waiting lists due to the scarcity of available homes. Shelter advocates for the construction of at least 90,000 social homes annually to address the housing crisis and ensure everyone has access to safe and secure housing. Meanwhile, entities like Global Investments offer alternative solutions by providing investors with opportunities to invest in homes rented to housing associations, catering to individuals unable to afford homeownership or market rents. In conclusion, addressing the social housing shortage in the UK requires concerted efforts from both the government and private sector to increase investment, promote construction, and ensure affordable housing options for all citizens. Here at Global Investments, we see the need for Social Housing that’s why we work with our developers and investors to provide investment opportunities that in turn fill a very small part of the gap required. Contact our social housing team if your interested in investing, receiving 9% pa net returns and want to help this important sector.

Detroit’s $1.5 billion District Development – One of the biggest in the US.

In the heart of Detroit, a transformative vision is taking shape with the District Detroit development project. With a staggering budget of $1.5 billion, this ambitious endeavor spearheaded by The Related Cos. and Olympia Development of Michigan promises to reshape the cityscape, breathing new life into its urban core. While facing some delays, recent adjustments in the construction plan reflect a strategic reimagining, aligning with market demand and regulatory timelines to ensure a vibrant and sustainable future for Detroit. A Vision of Progress: At the heart of the District Detroit development lies a commitment to progress and revitalization. While the original construction timeline experienced delays, the recent resequencing signals a renewed focus on bringing transformative projects to fruition. Among the highlights are the plans for an 18-story residential tower at 2205 Cass, offering modern living spaces alongside vibrant retail offerings, creating a dynamic urban ecosystem that fosters community engagement and economic growth. Responding to Market Dynamics: District Detroit’s evolution is not just about construction timelines but also about responding to market dynamics and community needs. Recognizing the demand for hospitality and residential offerings, developers have prioritized the construction of hotels and residential buildings. The addition of a new 290-room hotel next to Little Caesars Arena and a residential tower near Comerica Park underscores the commitment to creating a diverse and inclusive urban environment that caters to residents and visitors alike. Navigating Regulatory Landscapes: Navigating regulatory landscapes is integral to the success of any urban development project, and District Detroit is no exception. With regulatory deadlines looming, developers are steadfast in their commitment to meeting obligations while ensuring the project’s long-term viability. The strategic adjustments in the construction plan demonstrate a proactive approach to compliance, ensuring that the project continues to garner support and enthusiasm from stakeholders and the broader community. Community Engagement and Opportunity: Central to the District Detroit vision is a commitment to community engagement and inclusivity. The forthcoming University of Michigan Center for Innovation (UMCI) represents a beacon of opportunity, driving demand for modern living spaces tailored to students and professionals alike. Moreover, initiatives such as the rehabilitation of old apartment buildings underscore a commitment to addressing diverse housing needs and fostering a sense of belonging within the community. Conclusion: As construction plans for District Detroit continue to evolve, the project stands as a testament to the resilience and adaptability of Detroit’s urban landscape. Through strategic resequencing and a commitment to market responsiveness, developers are poised to unlock the full potential of this transformative endeavor. District Detroit represents more than just bricks and mortar; it symbolizes a beacon of hope, opportunity, and growth for the city, ushering in a new era of prosperity and vitality for generations to come. If you would like information on our Detroit properties please email invest@globalinvestmentsincorporated.com

Flourishing Opportunities: A Positive Outlook on the UK Property Rental Investment Market

The United Kingdom’s property rental investment market continues to be a lucrative avenue for investors seeking stable returns and long-term growth opportunities. Despite occasional fluctuations, the fundamentals supporting this sector remain robust. This blog covers the positive aspects of investing in the UK’s property rental market, highlighting its resilience, potential for wealth accumulation, and its role in meeting the evolving housing needs of the population. Steady Demand: One of the key pillars of the UK property rental investment market is the consistent demand for rental properties. This demand is driven by various factors, including demographic trends, lifestyle preferences, and economic conditions. The increasing population, coupled with changing household structures and rising urbanisation, has led to a sustained need for rental accommodation. Moreover, factors such as affordability constraints among first-time buyers and a transient workforce contribute to the continuous demand for rental properties. Resilience Against Economic Uncertainty: Historically, the UK property rental market has demonstrated resilience, even in the face of economic uncertainty. During periods of economic downturns or market volatility, rental properties often serve as a safe haven for investors seeking stable income streams. Unlike other asset classes that may experience significant fluctuations, rental income tends to remain relatively steady, providing investors with a reliable source of cash flow regardless of broader economic conditions. Diversification and Portfolio Stability: Investing in rental properties offers investors an opportunity to diversify their portfolios and reduce overall risk. Real estate has a low correlation with traditional financial assets such as stocks and bonds, making it an effective hedge against market volatility. By incorporating rental properties into their investment portfolios, investors can achieve greater stability and resilience, particularly during times of economic turbulence. Long-Term Appreciation Potential: Beyond the immediate rental income, property rental investment in the UK offers substantial long-term appreciation potential. Despite occasional market fluctuations, property values in the UK have historically shown an upward trajectory over the long term. This capital appreciation, combined with rental income, can result in significant wealth accumulation for investors over time. Additionally, strategic property management practices and property enhancements can further enhance the value of rental properties, maximizing returns for investors. Meeting Evolving Housing Needs: Investing in the UK property rental market also plays a crucial role in addressing the evolving housing needs of the population. With changing demographics, lifestyle preferences, and housing affordability challenges, rental properties provide flexible and accessible housing solutions for a diverse range of tenants. Whether it’s young professionals seeking urban living, families in transition, or retirees downsizing, rental properties cater to various segments of the population, contributing to social stability and inclusivity. In conclusion, the UK property rental investment market offers a myriad of opportunities for investors seeking stable returns, portfolio diversification, and long-term wealth accumulation. With steady demand, resilience against economic uncertainty, appreciation potential, and the ability to meet evolving housing needs, rental properties continue to be an attractive asset class for investors. As the market evolves and adapts to changing dynamics, prudent investment strategies and a long-term perspective will continue to drive success in the UK property rental investment landscape. To find out about Global Investments property rental investment options please reach out to our property Investment specialists.

Revitalizing Neighborhoods: A Look at Fairfax, Glenville, and Hough Developments

In recent years, urban revitalization projects have gained momentum across the United States, aiming to breathe new life into neglected neighborhoods and communities. One such initiative has been unveiled in Fairfax, Glenville, and Hough—three historically significant neighborhoods that are now on the cusp of transformation. Let’s delve into these developments and explore the potential impact they hold for their residents and the broader community. Fairfax: Preserving History, Embracing Innovation Fairfax, located in Cleveland, Ohio, boasts a rich history as one of the first African-American suburbs in the country. Over the years, economic challenges and neglect have dimmed its once vibrant character. However, recent development plans seek to rejuvenate Fairfax while preserving its historical significance. One notable project is the restoration of historic landmarks, such as the iconic Karamu House, a renowned African-American theater and community center. Additionally, initiatives to improve infrastructure, housing, and access to amenities are underway, aiming to attract new residents and businesses to the area. Glenville: Fostering Economic Empowerment and Community Engagement Glenville, another Cleveland neighborhood, is undergoing a revitalization effort focused on fostering economic empowerment and community engagement. Collaborative ventures between local government, nonprofits, and private investors aim to address economic disparities and enhance quality of life for residents. Key components of the Glenville revitalization plan include the creation of mixed-use developments, affordable housing options, and support for small businesses. Moreover, initiatives promoting cultural enrichment and educational opportunities are integral to the neighborhood’s transformation, nurturing a sense of pride and belonging among its diverse population. Hough: Building a Sustainable and Inclusive Future Hough, a historic Cleveland neighborhood known for its pivotal role in the civil rights movement, is poised for a renaissance that prioritizes sustainability and inclusivity. Recognizing the community’s resilience and cultural heritage, development efforts seek to build upon existing strengths while addressing systemic challenges. Investments in green infrastructure, renewable energy, and sustainable transportation aim to create a more environmentally conscious and resilient neighborhood. Furthermore, initiatives promoting social equity, affordable housing, and access to healthcare and education are central to Hough’s redevelopment strategy, ensuring that all residents can benefit from its revitalization. Conclusion: The unveiling of revitalization projects in Fairfax, Glenville, and Hough signals a new chapter in the evolution of these historic neighborhoods. By leveraging their unique assets, fostering economic empowerment, and prioritizing community engagement, these developments hold the promise of creating vibrant, inclusive, and sustainable communities for generations to come. As stakeholders continue to collaborate and invest in the future of these neighborhoods, their transformation serves as a beacon of hope and inspiration for urban revitalization efforts nationwide. If you would like more information on our Cleveland properties please email invest@globalinvestmentsincorporated.com

All eyes are on the UK in the European Property Boom of 2024

Europe’s real estate market is on the brink of a significant resurgence, with the United Kingdom emerging as a frontrunner in this impending boom. Positioned as one of the most attractive markets due to substantial discounts, the UK is drawing increasing attention from investors by its resilient property sector and conducive investment environment. Industry reports from Savills and CBRE highlight the UK’s imminent upswing, propelled by a mix of factors and supported by its robust economic fundamentals. Despite global economic uncertainties, the UK presents itself as an attractive investment destination, offering a rapidly expanding property market, pent-up demand, and declining interest rates. Beyond economic factors, the UK’s appeal is bolstered by its robust legal and regulatory framework, instilling confidence among investors and affirming the nation’s reputation for delivering consistent returns over the long term. This confidence is reflected in the preference of international investors, with the UK ranking as the prime choice for cross-border investment in CBRE’s 2024 European Investor Intentions Survey. Leading this resurgence are investors from Taiwan, the US, Israel, and Japan, injecting substantial capital into key UK markets such as Britain, Germany, Spain, and the Netherlands. Despite a temporary decline in global cross-border real estate investment, the UK remains the preferred destination, poised to attract a significant portion of outbound investment, particularly from the US, expected to reach $13 billion in 2024. The diversity of the UK’s real estate market further enhances its allure, offering a wide array of investment opportunities across bustling urban hubs, picturesque countryside, and thriving coastal regions. This diversity, coupled with the UK’s status as a global financial powerhouse and innovation hub, positions it as a compelling destination for investors seeking stable and lucrative avenues for capital appreciation. Innovation within the UK’s real estate sector, supported by government initiatives such as plans for new housing and regeneration projects, underscores the country’s commitment to fostering a dynamic investment landscape. Infrastructure developments like the Ancoats’ Green project in Manchester are revitalizing local communities and driving demand for housing nationwide. As investors flock to the UK in anticipation of lucrative opportunities, the nation’s property market is poised for growth. Despite a minor dip in house prices in 2023, forecasts indicate a potential uptick in 2024, signaling a timely opportunity for investment. Regional cores, particularly in the Midlands and the East, are witnessing significant growth, presenting investors with promising entry points into the market. In summary, the UK’s leading role in the European property resurgence offers investors a compelling proposition characterized by stability, growth potential, and innovation. With property prices expected to rise and regional cores showing promising growth, now is the opportune moment for investors to explore the UK property market before prices escalate further. If you would like some information on our UK properties please email invest@globalinvestmentsincorporated.com

Major Developments Planned for Detroit in 2024 & 2025

Detroit has changed drastically in the last 10 years to become one of the best cosmopolitan cities in the US, the skyline of Detroit, once a symbol of industrial might, is now full of modern innovation and urban revival. In downtown you see new modern glass and steel skyscrapers, designer brand and international fashion houses, award winning restaurants, sleek sleek office complexes. 10 years ago the sidewalks were quiet and people were reluctant to walk the streets, today you’ll see the signs of change. Sidewalks are full of excitement, leading to the newest additions to Detroit’s architectural tapestry. The buzz of conversation about these developments fills local coffee shops and street corners with pride. So you would think they have done enough to revitalise Detroit, you are wrong they haven’t even started, now we look a the huge new developments that are planned for 2024 & 2025 Hudson’s Site Detroit’s Hudson’s site is one of the most anticipated developments of 2024. One of the development’s two buildings was projected to be the tallest structure in Detroit at 800 feet, then at 900 feet with an observation deck, before it was brought down to 684 feet. Although its height will be second to the Renaissance Center’s, this doesn’t impair the elegance of the structure’s glass facade nor negate the availability of 1.5 million square feet of office, retail, hotel, and residential space, which contains 97 luxury condos. Hart Plaza At the center of Hart Plaza’s $9 million renovation — funded by President Joe Biden’s American Rescue Plan Act — is the restoration of the 1981 Horace E. Dodge and Son Memorial Fountain. The plaza’s restoration also includes repairing the amphitheater’s seats. Other technical aspects of the plaza will also be addressed, such as updating the fire alarm systems and replacing plumbing. Gordie Howe International Bridge The construction of what will be the longest cable-stayed bridge span in North America has been going on since 2018, and the end is near. The project was conceived to improve travel efficiency at the Windsor-Detroit Gateway (the Detroit-Windsor Tunnel and the Ambassador Bridge), the busiest commercial land border between the U.S. and Canada Michigan’s First RH Gallery Downtown Birmingham will be home to Michigan’s first full-service RH (formerly known as Restoration Hardware) gallery. The first three levels of the mammoth four-story building will serve as a showroom to display lighting, furniture, and textiles, while a restaurant is planned for the fourth level. Ford’s Michigan Central Station One of the most dramatic rehab jobs in the nation, the formerly abandoned Michigan Central Station off Michigan Avenue in Corktown, will reopen next year as new office, events and community space — and possibly later add a hotel. Joe Louis Arena site apartments, hotel A 25-story glass tower has been built where the old arena stood, and is expected to open in February. Known as The Residences at Water Square, the building contains 496 luxury apartments and went up fast by recent Detroit standards, taking roughly two years from start to finish. Co-Op grocery A new full-service grocery store is coming to 8324 Woodward in the North End. The two-story, 31,000-square-foot Detroit Food Commons building will contain the Detroit People’s Food Co-Op, a cooperatively owned grocery that will be open to the public. The building also will have community spaces and an incubator kitchen for food entrepreneurs. AC Hotel Construction is underway of a new 10-story, 154-room Marriott International AC Hotel. The project includes the restoration of the 120-year-old Bonstelle Theatre — situated next door to the hotel — as future special events space. Both buildings could be finished in September. United Artists Theater building Redevelopment of the 18-story United Artists Theater Building, 150 Bagley St., into a 148-unit, mixed-income residential building called the Residences @ 150 Bagley has been underway since early 2022 and on pace for a possible summer opening. Big New Center development Several segments of a $3 billion collaborative development in Detroit’s New Center area involving Henry Ford Health, the Detroit Pistons organization and Michigan State University are to get underway in 2024. The biggest is a 1.1-million-square-foot expansion to Henry Ford Hospital. It includes a new 21-story hospital tower along West Grand Boulevard and allows for the conversion of all the hospital’s patient rooms — an 877 bed count — into private rooms. Construction could begin in early 2024 for a 2029 completion. District Detroit + UMCI Construction could be in full swing next year on two big separate yet related developments: the $1.5 billion District Detroit and $250 million University of Michigan Center for Innovation, or UMCI. Detroit is turning into an incredible City and we are proud to be part of the journey over the last 12 years, its great to see the City returning to its former glory.

“The NorthWest of England offers the best returns” – Discuss !

The claim that the Northwest of England offers the best returns for property investment is a topic with various perspectives, each influenced by current market trends, economic factors, and long-term forecasts. Let’s delve into the arguments supporting this statement and consider the counterpoints to provide a balanced view. Supporting Arguments 1. Economic Growth and Regeneration: The Northwest, including cities like Manchester, Liverpool, and Preston, has seen significant economic growth and regeneration projects. These developments have boosted the local economy, making it an attractive option for property investors. For example, Manchester’s MediaCityUK has transformed Salford, attracting businesses and increasing demand for residential properties. 2. High Rental Yields: Compared to other regions in the UK, the Northwest has consistently reported higher rental yields. This is partly due to the relatively lower property prices combined with strong rental demand, especially in university cities with large student populations. 3. Population Growth and Demand: The North West’s population is growing, driven by its appeal to students, professionals, and families. This growth sustains demand for housing, both in the rental and sales markets, potentially leading to capital appreciation and solid rental incomes. 4. Infrastructure Investments: Investment in transport and infrastructure, like the HS2 high-speed rail project, is set to improve connectivity between the Northwest and other major UK cities. Such enhancements could further boost property values and investment returns. Counterpoints 1. Market Volatility: The property market is subject to cycles of boom and bust. While the Northwest has shown strong returns in recent years, it’s not immune to market downturns that could affect investment returns. 2. Regional Variations: Within the Northwest, there are significant variations in investment potential. Some areas might offer excellent returns, while others could pose higher risks due to economic or social challenges. 3. Brexit and Economic Uncertainties: The broader economic uncertainties, including those stemming from Brexit, could impact investment returns. These uncertainties might affect employment rates, housing demand, and overall economic stability in the region. 4. Competition and Saturation: As more investors flock to the Northwest, driven by the promise of high returns, the market could become saturated. This competition might lead to inflated property prices, reducing yield percentages over time. Conclusion At Global Investments we believe that while the Northwest of England presents compelling opportunities for property investment, characterised by high rental yields, significant economic regeneration, and population growth, it is also subject to challenges and uncertainties. Investors should conduct thorough research, consider both micro and macroeconomic factors, and possibly diversify their investment portfolios to mitigate risks. Like any investment, property in the Northwest carries both potential rewards and risks, and outcomes can vary widely depending on specific locations, property types, and market conditions at the time of investment. Here at Global Investments, we have property experts on hand to talk through the options available and ensure that the choice you make is right for you.