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Birmingham has often been seen as the third city of the UK with Manchester taking number two behind London. However, with the tide slowly shifting, Birmingham is now primed to take on its northern counterpart in a battle for second place and with everything falling into place piece by piece, the odds are on for Birmingham to be crowned as “best of the rest.” Here are the top five reasons why Birmingham, which last year hosted the Commonwealth Games, is a place every savvy investor should be looking to invest.

1. The world’s largest companies have major offices in Birmingham.

HSBC, Goldman Sachs, Deutsche Bank, BT, Deloitte and so many more huge multi-national organisations have a major presence in Birmingham. This demonstrates the confidence that these behemoths retain in Birmingham and realise its prowess and future as one the best places to situate their business. HSBC believe it so much that in 2018, they moved their UK head office from London to Birmingham City Centre. Goldman Sachs followed by doing the same thing

2. The new HS2 train takes you to London in under an hour.

Upon its completion, the new HS2 train will take just 49 minutes to get from Birmingham to Euston Station in London. It is expected to carry almost 100 million passengers per year and will transform the current rail network ensuring that millions of people can travel to, connect and do business with London. The HS2 train will bring new possibilities for the city of Birmingham also connecting it with the Eurostar at King’s Cross St. Pancras and the rest of the UK within the blink of an eye. This is a game-changer.

Birmingham, UK

3. The BIG City Plan Effect

By creating a “a world-class city centre” in what has been touted to be “the most ambitious, far-reaching development project ever undertaken in the UK,” the Big City Plan is a visionary 20-year masterplan set to transform the centre of Birmingham to compete with the best cities in the world. Providing 65,000 square metres of new public spaces, creating 5000 new homes, with 1.5 million square metres of new floorspace, over 50,000 new jobs and contributing £2.1 billion to the economy each year, the Big City Plan demonstrates the direction in which Birmingham is heading.

PWC Birmingham

4. Market analysis and statistics say so.

JLL’s 2022 UK Residential Forecast predicted that Birmingham will have the highest rise in house prices between 2022 and 2026 and this factors in any recession. Rents are also set to rise in part because of Birmingham’s young and dynamic population - the youngest city in Europe, Furthermore, with an 80% increase in the last five years of people earning £40,000 - £50,000 per year as well as Birmingham having one of the highest student-retention rates from its five universities, means you’ll always have a young professional or young family waiting top rent your property.

5. Culture, couture and culinary excellence.

Birmingham hosts thousands of concerts, plays and events each year at any one of its many entertainment venues such as the Utilita Arena, Birmingham Symphony Hall and The Sunflower Lounge. From independent fashion brands to the city’s most gorgeous shopping option, The Mailbox, Birmingham thrives in fashion and art and is not short of options for everyone regardless of fashion taste. The Bullring is one of the busiest and most popular shopping centres in Britain and boasts one of only four Selfridges department stores in the world. This coupled with Digbeth’s trendy Custard Factory and food festivals as well the fact that Birmingham has the most Michelin-starred restaurants in the UK outside of London demonstrates that this city is one of culinary excellence.

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Nomad Edition, Nomad Capital Group
Nomad Edition, Nomad Capital Group