In­vest­ment across the UK and Europe un­der­lines the strength of the buoy­ant apart­ment sec­tor

The 2018 Guide to Serviced Apartments - - CONTENTS -

A plethora of ex­cit­ing projects are com­ing on­line in 2018

If there is one sign of the con­tin­u­ing growth of the ser­viced apart­ment sec­tor, it is the num­ber of open­ings tak­ing place over the next few years.

Some of these are in ar­eas where there is con­sid­er­able in­vest­ment, like Manch­ester, which is be­ing trans­formed to the tune of bil­lions of pounds. The city's air­port is ben­e­fit­ing from a £1bil­lion project and the Univer­sity is spend­ing £1bil­lion on the cam­pus, which will in­clude the open­ing of a 116-room Stay­bridge Suites prop­erty.

And then there's Cor­ri­dor Manch­ester, an in­no­va­tion district of 243 hectares that con­nects the city cen­tre and sur­round­ing neigh­bour­hoods. Not sur­pris­ingly, all this ac­tiv­ity has at­tracted blue chip or­gan­i­sa­tions such as the BBC, RBS and Deloitte.

In nearby Liver­pool, Aus­tralia-based Quest Apart­ment Ho­tels has signed its first UK lo­ca­tion – a £10mil­lion scheme in the city cen­tre, due to open in 2019. Ed­in­burgh is one of the fastest grow­ing and pro­duc­tive cities in the UK, and a £500mil­lion ur­ban quar­ter is planned for 43 acres of land south of Ed­in­burgh Park to be un­der­taken by prop­erty de­vel­oper Parabola.

Am­s­ter­dam is another cen­tre of at­ten­tion, with Eurostar’s ser­vice from St. Pan­cras to the Dutch city com­ing on line at the end of the year. The city is strong in fi­nan­cial and business ser­vices, IT, media, the cre­ative sec­tor, higher ed­u­ca­tion and lo­gis­tics and has proven its ap­peal as a start-up hub.

“The Dutch seem to value in­ter­ac­tion and wel­come the op­por­tu­nity to en­gage with for­eign­ers,” says di­rec­tor of Cy­cas, John Wag­ner, who moved there three years ago.

“One of the ways they make you feel wel­come is their will­ing­ness and abil­ity to speak English. I never cease to be amazed at the uni­ver­sal skill of the av­er­age Dutch per­son to speak English – in restau­rants, shops, pub­lic trans­port... even street sweep­ers.”

The fol­low­ing list is an in­di­ca­tion of ser­viced apart­ments open­ing across the UK in 2018.

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