A regional and global developer has seen a noticeable increase in the amount of investment in its luxury apartment scheme in Manchester…
Select Property has seen 24% of investors are from the GCC with 18% from the UAE since the launch of its new CitySuites luxury service apartment scheme in Manchester, hailed as the UK’s second city for investment.
Adam Price, Global Sales Director at Select Property Dubai, said London had always seen GCC investment but savvy investors had begun to look further north.
“Launching in Manchester, CitySuites apartments are available for rent for as little as one month, bringing a whole new approach to the idea of renting,” said Adam.
“We always have the end user in mind, and have recognised a huge undersupply of property in Manchester that is available on short and long term contracts, and CitySuites is bridging that gap in the market.”
The 17-storey building occupies the £400m multi-use Greengate Embankment development in central Manchester with neighbours including Harvey Nichols, Louis Vuitton and Selfridges.
A regional and global developer has seen a noticeable increase in the amount of investment in its luxury apartment scheme in Manchester….
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