MIPIM 2019: UK launches Wales-led £2bn property portfolio

The UK has launched £2.2bn of new property investment opportunities. The projects, unveiled at MIPIM by the Department of International Trade, include an array of development opportunities in England and the government’s first Wales property investment portfolio. Among the new investment opportunities on offer to international investors is a 444-acre ‘experiential’ resort in Oxfordshire and three new garden communities in North Essex, set to create more than 43,000 new homes over the next 50 years. International trade secretary Liam Fox said: “The portfolios we are showcasing at MIPIM represent the wide array of real estate investment opportunities the UK has to offer that can satisfy the needs of every type of international investor. “These developments will create more jobs and homes for our residents, delivering essential infrastructure, and I am incredibly pleased my department, in conjunction with Homes England and MHCLG, have supported their launch. ” Secretary of state for Wales Alun Cairns said: “This first Welsh portfolio presents a real opportunity for international investors to capitalise on our nation’s innovation and expertise. “Each opportunity showcases what makes our beautiful, resourceful country such an attractive destination for investment and business and I look forward to discussing them further with potential investors.” The portfolio in full: Wales Cardiff: a mixed office and multi-storey car park development in Cardiff Central Quay Milford Waterfront: a leisure-focused development in Milford Haven Barry Island: Nells Point, a beachside tourism development Swansea: Phase 2 of a mixed development in Swansea Central The four new projects will be combined with two existing projects in Anglesey England Durham: Forrest Park, a logistics and light manufacturing business park on a 52-hectare site in Newton Aycliffe Harrogate: Future Park, a mixed manufacturing, leisure, retail and technology development Swindon: Kimmerfields, a residential and commercial development with a hotel in Swindon’s business district Bournemouth: Winter Gardens, a residential development with restaurants, supermarkets and leisure space Oxford: a commercial development on the existing Culham Science Centre site on the outskirts of the city Bicester: Bicester Motion, a 444-acre ‘experiential resort’ comprising a hotel, conference centre and technology hub North Essex Garden Communities: three new garden communities providing up to 43,000 homes over the next 50 years To send feedback, e-mail anna.ward@egi.co.uk or tweet @annaroxelana or @estatesgazette EG is proud to continue its role as official media partner at the world’s leading property market event. With a focus on promoting UK investment through a global lens, click here to follow the latest news, read EG’s new investor guides and keep up to date with social media.