Nottingham – sites for sale in Cannes!

I have blogged previously about MIPIM, the International Property Show held in Cannes each year.

Loxley House - new home for Nottingham City Council


The PR machine has started – in order that we can gain maximum exposure to Nottingham on the International stage.

One interesting development is that the City Council are to formally market six prime sites / buildings in the City. The properties will be released as a result of the move to Loxley House.

The six sites are sure to be much sought after, but investors must show they will be put to good use, as Director of Workplace Strategy and Property for Nottingham City Council, Councillor Geoff Hibbert explains, in a press release:

“The six council buildings are on some of the most prominent and prestigious sites in the City. They are part of an exciting portfolio of opportunities for investors and developers who have already secured agreements with potential end users and who can guarantee new jobs or relocations. Nottingham City is open for business and is very keen to encourage innovation and excellence by providing a strong framework of support to prospective partners.”

We are now one month away from the event. My firm will be present offering support to Team Nottingham.

Last year the show was quieter as a result of the downturn in the property market. It was noticeable however, that the show had less of a ‘booze-up’ feel and was much more business like. There will always be criticism in the press about the event, but we live in a very small world and we need to attract inward investment. It is as much about defensiveness as promotion – if we don’t go looking for investors, you can be sure other Cities will!

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About Tim GARRATT

Chartered Surveyor based in Nottingham UK. Shareholding Director of Innes England - commercial property consultants. Co-Chairman of Abel Collins Almshouses in Nottingham. Board member of Nottingham Regeneration Limited. Member of the Sheriffs Commission Advisory Panel. Director of Aspley Hall Estates Ltd. View all posts by Tim GARRATT

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