Cities across the UK are looking to attract private investment.
With devolution high on the agenda, the prominence of the country’s cities is rising. How can they seize this opportunity and maximise their attractiveness to investors and developers?
A new piece of research by urban economics think tank Centre for Cities, sponsored by Capita, aims to answer this question. It will explore which city characteristics matter most to investors and developers when considering locations, and what UK cities should prioritise in order to attract them in.
Centre for Cities and Capita are announcing the research at MIPIM this year, and are inviting developers, investors, and local government practitioners to contribute their views and ideas on how cities can attract investment through an online survey. This will help inform the final report – due be launched in mid-2017 – which will support cities as they focus on strengthening their appeal to investors and respond to Brexit, devolution and austerity.
Richard McCarthy CBE, senior director of strategic services for Capita said: "We know from our work with our local government partners that there is a huge need for better partnership working between regional cities and investors in the UK. We’re hoping to help each side understand each other better – and to do that we’re asking the industry to get involved and tell us what they think."
