VIDEO: Warrington & Co. today published their 21st Annual Warrington Property Review in front of a packed audience at the Park Royal Hotel.
The document provides an in depth analysis of the Warrington property development and investment market for 2018 and once again shows significant progress, growth and investor confidence.
Over the 21 years that the Review has been undertaken over £2 Billion investment spend in Warrington has been recorded.
Last year was another strong year of investment with 26 deals completed comprising a total spend of £140.2 million of which £64.1 million were industrial sector deals. This surpassed the figures recorded in 2015 and 2016.
The 2018 Warrington Office market also saw an excellent year with an overall take up increasing by 10,000sq m on the previous year. Average deal sizes increased and a record prime rent achieved of 236 per sq metre.
The findings of the annual property review were revealed today to a packed audience at the Park Royal Hotel, Warrington.
Cllr Russ Bowden, leader, Warrington Borough Council said:‘Warrington’s economy continues to boom. As a city we consistently outperform the rest of the region and much of the UK in our economic performance as is evidenced yet again in this review.
Warrington has very ambitious plans to uphold that economic position and trajectory, with our growth framework Warrington Means Business’
Steve Park, managing director of Warrington & Co., Warrington’s partnership for growth, said
‘Warrington has gradually become renowned across the UK for offering an excellent investment experience, a message that is being broadcast not just by the local Council or Warrington & Co. but importantly by the investors themselves, this is resonated by the statistics presented here today.
Warrington & Co. are grateful to the BE Group for their efforts in the compilation these statistics which they have collated annually since 1998 and the sponsors of the event.
— Warrington & Co (@WarringtonCo) March 29, 2019
— Warrington Business Exchange (@WarringtonBEx) March 29, 2019