Update on Bristol property market at major conference

The disparity within the commercial property market between London, Bristol and the rest of the UK will be explored and debated at a large conference in Bristol this week.

Hosted by leading property advisers CBRE Bristol, the event will be attended by over 150 CBRE clients, all of which will also gain updates and predictions across all sectors of the property market both on a national level and specific to Bristol.

Andrew Marston, Director of UK Research at CBRE, will be one of the keynote speakers at the event. He said: “After a number of false starts in recent years, the regional office markets have performed well during the first half of the year, with Bristol being one of those cities seeing a strong start to 2013. Meanwhile, overseas investors are increasing their share of the regional investment market, with a 40-50% share in recent years. While still not as strong as London (60-65%), it is well ahead of the 30% figure of five years ago.”

Philip Morton, Head of Agency and Development at CBRE Bristol, will use the event as a platform to emphasise the need to build on Bristol’s potential to ensure that the city solidifies itself as one of the best places in the country to do business.

Philip said: “Bristol is in a great position to establish itself as a major regional hub and the commitment to attract investment into the city has never been stronger thanks to the likes of the West of England Local Enterprise Partnership, Mayor George Ferguson and Invest in Bristol and Bath initiative. However, we are still not getting as many big enquiries as other UK cities. It is vital that we work together and encourage businesses to look at the advantages of working in Bristol.”