Developments
Invest
About
Journal
Contact
Register interest
Tenax Group Ltd · Salford, Manchester
Investments: +44 (0)161 000 0000
Manchester skyline from Salford
Tenax/Invest/Why Manchester

Why Manchester?

Investing in Britain's fastest-growing regional economy.

Why Manchester · 01

The UK's leading regional economy.

Greater Manchester has firmly established itself as the UK's leading regional economy.

With a population approaching three million, world-class universities, expanding employment sectors and billions of pounds of ongoing investment, the city continues to outperform many competing regional markets.

Political leadership has played a significant role in this transformation. Prime Minister Andy Burnham — formerly Mayor of Greater Manchester — has consistently championed greater devolution and investment in transport, housing and infrastructure, positioning Manchester as the UK's true second city. His support for relocating more national institutions and government functions outside London reflects a broader ambition to further strengthen Manchester's economic importance.

This momentum is supported by

  • Continued population growth
  • Major infrastructure investment
  • Expanding employment in technology, finance, media and life sciences
  • Strong graduate retention
  • Significant inward investment
  • One of the UK's strongest rental markets
  • Limited supply of new city-centre housing
  • A council-adopted regeneration framework for Chapel Wharf to 2042

For investors, these structural fundamentals create the conditions for sustained rental demand and long-term capital growth.

Population
3m

Approaching three million

Greater Manchester's population continues to grow, driving demand for city-centre homes.

Regeneration
47acres

Chapel Wharf Framework

Adopted by Salford City Council, with a vision running through to 2042.

Vision
2042

A long-term plan

New homes, hotels, offices, public squares and a greener Chapel Street boulevard.

Value
£510/sq ft

Islington Parkside average

Against £580–£601 per sq ft at four comparable central Manchester schemes.

Illustrative view of regeneration in Salford
Westwards

The city's centre of gravity is moving west.

As regeneration spreads west from Manchester city centre into Salford — through Greengate, New Bailey and along Chapel Street — developments such as Islington Parkside are ideally positioned to benefit from the next phase of the city's evolution.

Salford's own plans reinforce it: the Chapel Wharf Regeneration Framework sets out a 15-minute neighbourhood of new homes, workplaces, leisure and public realm, with Chapel Street transformed from a traffic corridor into an animated urban boulevard.

The Chapel Wharf Masterplan
Rental fundamentals

Demand that keeps building.

Long-term rental market

Manchester continues to experience one of the UK's strongest rental markets, driven by population growth, graduate retention and sustained employment creation.

Short-term let demand

Manchester attracts millions of visitors annually for business, sport, concerts and tourism, and demand for high-quality serviced accommodation continues to strengthen.

Constrained supply

New city-centre housing supply remains limited relative to demand — supporting both rents and long-term values for well-located, well-specified homes.

Talk to the team building it.

Ask for the investor pack or book a call. We reply within one working day.