Belfast: The Investment Opportunity You Can’t Afford to Miss

The vision to expand the number of houses by 31,700 by 2035 with a highly educated population is one of the significant reasons Belfast offers the best proposition for real estate investors and occupiers. 

The city is prepared for rapid economic growth and has many unexplored investment opportunities. This city has a notable education and employment system with two world-class universities, prominent film and tech sectors, easy market connectivity, and the lowest occupational and operational costs. 

Sector and market opportunity in Belfast

As per the recent report published by “10X Economy“, Belfast is already one of the world’s prime locations for FinTech investments. The 10x Vision represents ambitious goals summarised within the 10x objectives around three fundamental pillars: innovation, inclusive growth, and sustainability. 

Innovation

Innovation that has been planned to implemented by 2030 are:

• Expanding total R&D expenditure by 55% to boost innovation and technological advancement.
• Increasing the number of R&D-performing businesses by 450
• Enhancing the number of innovation-active firms to encompass 55% of Northern Ireland businesses
• Aiming for 10% of Northern Ireland businesses to receive Innovation Accreditation, recognizing excellence in innovative practices.
• Enhance the proportion of individuals leaving Northern Ireland HE institutions with first degrees and postgraduate qualifications in narrow STEM subjects from 24% to 27%, encouraging the region’s talent pool in critical fields of study.

Inclusive growth

Inclusive growth strategies that has been planned to implemented by 2030 are:

• Increasing the household disposal intake of people in Northern Ireland above the SAE average.
• Closing the employment between men & women, disabled and ordinary people, aiming to reduce or eliminate the employment gap.
• Increasing the ratio of the working population with qualifications above level 3 from 57.2% (2020) to 70%-75%.

Sustainability

The sustainability approach  that has been planned to implemented by 2030 are:

• Generating 80% of Northern Ireland’s electricity from renewable sources to bring down dependency on non-renewable resources
• Lowering the emission of greenhouse gases by 48% contributes to a healthier environment.
• Doubling the size of Northern Ireland’s low carbon and renewable energy economy to a turnover of £2bn

Promoters and partnerships

MRP is a prominent, privately owned, multi-award-winning investment and development company. The property division of McAleer & Rushe has operated throughout the UK & Ireland for over 50 years.

MRP emphasises managing and creating ambitious and innovative schemes in high-density city centre locations across their core sectors of the hotel, student accommodation, residential, office, and build-to-rent. The development portfolio of MRP has an end value of approx. £1.5 billion. However, £350 million of the total value is under construction.

Don’t Miss the Opportunity

Belfast is one of the best investment options for real estate investors in terms of price, yield, growth, and rents. In upcoming years, this place will give you a strong return on investment and high capital growth. 

“Belfast also provides incredible investment opportunities for the investors who might be based outside of Northern Ireland.”

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