Norwich – A City Of Opportunity
Published 3 July 2015
When it comes to national and international commercial property investors, Norwich has traditionally slipped under the radar, nestled at the end of the slow A11. But in the past two years, this has changed dramatically.
We are now seeing money from Cambridge, London and even further afield (including Singapore) pouring into the city – and indication that Norwich is now widely seen as a city of opportunity.
Of course, some of this is down to infrastructure. That A11 is not so slow any more, and the forthcoming NDR will open up the northern side of the city. But it’s not just about transport links; as other cities, especially Cambridge and London have overheated, achieving worthwhile yields in those places has become more difficult.
Those investors looking for better returns are turning their attention to Norwich. That is partly a by-product of growth elsewhere, but equally because the city’s economy is seen as strong, stable and growing – for there to be a vibrant commercial property market, there first has to be demand for premises from business.
With retail bouncing back, demand for offices strong (especially large-scale Grade A buildings in the city centre), and engineering, hi-tech and distribution sectors buoyant, it should come as no surprise that Norwich is being seen as a good bet by investors far and wide.
Share this story
Arnolds Keys Blog
1 July 2015
Energy Performance Certificates are not always the first thing that commercial property investors think about – but they need to be, because a ticking regulatory time bomb means that as... Read more >
29 June 2015
Arnolds Keys has launched an exclusive development of just five high-tech new homes in Horsford, on behalf of house builder Norfolk County Developments. Read more >
10 June 2015
Residential buy to let remains a great investment – but it is essential to take professional advice before starting out. Read more >