Insights

Deloitte North West Real Estate

The distinctive firm in the region

The capabilities of the North West practice are widespread, offering a complete real estate solution throughout the various stages of the property life cycle. Operating from Manchester for local and national clients, the practice includes 70+ professionals across the general practice, planning and development, and construction advisory disciplines.

Solutions and Services

The capabilities of the North West practice are widespread, offering a complete real estate solution throughout the various stages of the property life cycle:

  • Real Estate Financial Advisory
  • Property and Construction Services
  • Corporate Occupiers
  • Planning and Development

Regional Real Estate Insights

The 2017 Crane Survey has highlighted the City Region’s propensity to attract investment

Manchester’s resurgence - unparalleled scale and volume of construction

The key findings show:

  • Number of new starts up by 40% from previous high in 2007 levels
  • An unprecedented 6,963 residential units under construction exceeding former record by 2,994 units
  • Transformation of the skyline with four residential schemes over 25 storeys under construction and six planned for 2017
  • Residential construction pipeline extends to 2020
  • 558,100 sq ft of office space delivered, highest volume since 2008
  • Lucrative Manchester office rental market with headline rents at £35 per sq ft for prime space
  • 63% increase in hotel beds under construction compared to January 2016 with the largest delivery of complete rooms since 2006
  • Approximately 199,000 sq ft of new additional education or research floorspace under construction

View the Manchester Crane Survey 2017

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