The Intermediary – June 2025 - Flipbook - Page 55
SPECIALIST FINANCE
Opinion
Hotspots for
commercial finance
T
ogether’s latest
report, ‘Cities in Focus
2025: Commercial
Property Insights’, has
highlighted three key
UK cities: Birmingham,
Manchester and Glasgow that brokers
can capitalise on outside of London.
Birmingham
Centrally located and full of potential,
Birmingham is aracting a growing
number of businesses, sectors
and skilled professionals. 70% of
commercial property professionals see
strong opportunity in Birmingham’s
office and retail sectors over the next
five years, and 78% view student
housing as especially promising.
With the rise of e-commerce,
there is also an excellent opportunity
for investment into property that
supports logistics and distribution.
Access to key motorways like the
M6, M5 and M40, along with good
rail and air freight routes, makes
Birmingham an excellent location for
companies in the sector.
TANYA ELMAZ
is director of intermediary
sales at Together
Manchester
Manchester continues to defend its
reputation as a Northern powerhouse.
Across the city, projects are appearing
offering a mix of retail, tech, student
housing and mixed-use developments.
77% of property professionals
consider retail investment in
Manchester a solid opportunity over
the next five years. 40% point to semicommercial properties as offering
long-term potential.
The outlook for buy-to-let (BTL)
shows a similar trend. A third of
local landlords expect rental yields
to rise by up to 10% in the coming
year. Together’s own BTL lending in
Manchester surged by 92% year-onyear, reaching £52.5m in 2024.
Glasgow
Scotland’s commercial heart is
undergoing its most significant
transformation in 50 years. At the
centre is the regeneration of key retail
areas. 80% of commercial property
stakeholders see value in Glasgow’s
retail market over the next five years.
98% of commercial property
professionals in Glasgow are actively
considering semi-commercial
properties, with 63% feeling
optimistic about forthcoming changes
to planning regulations.
The mix of large-scale regeneration,
increasing footfall, and supportive
policy shis make the city a key area
of opportunity for the coming year.
Opportunities abound
These cities each offer numerous
opportunities, and Reeves’ £15bn
investment in transport infrastructure
is only going to create more.
Brokers who take the time to
understand cities outside of the capital
will be best placed to achieve the right
outcomes for their customers. ●
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