Michael Burton 28 January 2015

Cities enter investment ‘beauty parade’ at Downing Street

Three city region leaders were invited to Downing Street yesterday for a ‘beauty parade’ to present their regeneration projects to 50 UK and international investors.

Hosted by cities minister Greg Clark and Lord Deighton, head of the H2 Growth Task Force, the event was held to showcase investment opportunities outside London.

The invited city regions were Bristol, Leeds and Birmingham represented respectively by mayor George Ferguson, chief executive Tom Riordan and leader Sir Albert Bore. The cities were given 10 minutes each to present their key investment opportunities with five minutes for questions from investors who were selected by UK Trade and Investment.

George Ferguson called it ‘speed dating’ and said it ‘went very well’. His council is showcasing the Engine Shed, Temple Gate and Arena Island. Birmingham is seeking investment for Snow Hill and Southern Gateway while Leeds is promoting its South Bank and East Leeds extension of 5,000 new homes.

The investors included the five largest UK real estate investment trusts, the five largest real estate consultants, six pension funds/insurance companies and over 20 overseas funds.

Greg Clark said: ‘We invited investors from the UK and abroad and clearly there is a big interest in the UK. We intend this to be the first of a series and will be inviting other cities.’

Lord Deighton said: ‘Many investors need educating about the opportunities outside London and have the capital looking for a home. The event coincided with the launch by Legal & General of a £1.5bn investment vehicle to generate £15bn of funding in up to 50 projects across the UK.’

The Government’s Regeneration Investment Organisation is acting as sponsor.

Photo: Stuart Monk / Shutterstock.com

For your free daily news bulletin
Highways jobs

Homelessness Prevention and Solutions Officer

London Borough of Richmond upon Thames and London Borough of Wandsworth
£36,426 to £44,139 per annum
Who are we looking for? We are especially interested in your transferable skills in particular your ability to assess information, understand and accurately apply the assessment criteria, problem solve and communicate effectively with applicants, colleag Wandsworth, United Kingdom
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Principal Education Psychologist

West Northamptonshire Council
£69,010 - £72,966 Plus 3 SPA Points
The Service is very well regarded and supported within the council. We are ready to embark on a journey of development and growth and we are looking for enthusiastic and creative people to join a Senior Leadership Team which supports an ethos of distribut One Angel Square
Recuriter: West Northamptonshire Council

Operational Services Manager

South Derbyshire District Council
£49,498 to £51,515 per annum
South Derbyshire’s Operational Services team are looking to appoint a full-time Operational Services Manager South Derbyshire District Council, Boardman Industrial Estate
Recuriter: South Derbyshire District Council

Principal Highways Officer

Lincolnshire County Council
£40,221 - £44,428
Our highways infrastructure is seen as high priority by our elected members Lincolnshire
Recuriter: Lincolnshire County Council

Senior HR Advisor - Project & Policy Delivery

West Northamptonshire Council
£48378 - £51571
We have a fantastic one-year fixed term contract or secondment opportunity for a Senior HR Advisor- Project & Policy Delivery working in our Policy and Projects Team. In this busy and varied role, you will consult with key stakeholders and our recognised Northampton
Recuriter: West Northamptonshire Council
Linkedin Banner

Partner Content

Circular highways is a necessity not an aspiration – and it’s within our grasp

Shell is helping power the journey towards a circular paving industry with Shell Bitumen LT R, a new product for roads that uses plastics destined for landfill as part of the additives to make the bitumen.

Support from Effective Energy Group for Local Authorities to Deliver £430m Sustainable Warmth Funded Energy Efficiency Projects

Effective Energy Group is now offering its support to the 40 Local Authorities who have received a share of the £430m to deliver their projects on the ground by surveying properties and installing measures.

Pay.UK – the next step in Bacs’ evolution

Dougie Belmore explains how one of the main interfaces between you and Bacs is about to change.