‘Window of opportunity’ for Leeds city region

Leeds City Region has a key “window of opportunity” to cement its position as one of the world’s most competitive locations for trade and investment, according to a new report unveiled at the MIPIM property conference.

Property consultancy GVA’s Leeds City Region Confidence Yields Growth report, supported by the Leeds City Region Enterprise Partnership (LEP), outlines the key drivers for growth for the city region.

These include transport infrastructure, including HS2, York Central Station and strategic new train stations at White Rose Office Park, Thorpe Park and Leeds Bradford International Airport Parkway; the knowledge economy and skills; city centre regeneration and out-of-town investment opportunities; and the continuing strength of Leeds City Region’s commercial property market.

Ben Hall, regional senior director of GVA in Yorkshire, said: “Business confidence is high in Leeds City Region, a thriving place to live and work.

“Leeds City Region is attracting world leading occupiers and has the ability to keep those businesses on Yorkshire soil as well as attracting further customers for landlords who are hungry for growth and returns.

“Against a backdrop of central government’s strengthening policy to rebalance the UK economy, Leeds city Region has worked tirelessly to develop a strong international brand, improve links with the region’s key intermediaries and better understand its core proposition to inward investors and overseas markets.”

Roger Marsh, chairman of the Leeds City Region Enterprise Partnership, added: “The LEP welcomes the launch of this report which clearly recognises the opportunities and potential returns of investing in the Leeds City Region’s £62.5bn economy.

“It continues to be an exciting time to invest in Leeds City Region. There is now a real window of opportunity for the city region to become one of the world’s most competitive locations for investment and trade.”