Manchester rent boom

Sunday 14 June 1998 19:02 EDT

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

THE REBUILDING of Manchester's city centre has been so successful, after the damage caused by an IRA bomb two years, that shop rents have risen faster than almost anywhere else in Britain.

Only London's West End has performed better over the last three years, according to chartered surveyor Donaldsons.

Its research, based on figures from the Investment Property Databank, showed that Manchester has seen the second highest rental growth in that time, followed by Edinburgh and Bolton.

The UK average rental value increase of 3.7 per cent over three years was bettered by 29 cities, among them Falkirk, Ipswich, Middlesbrough, Sheffield, and Swansea.

But Donaldsons also expects rental value increases to start to fall soon, as the consumer boom tails off.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Manchester rent boom

Join our commenting forum

Thank you for registering