EXPO Real: €120 bn projects showcased at UK pavilion
Both public and private sector organisations participated in the UK Investment Pavilion at EXPO Real in Munich earlier this week, an initiative supported by the Department of Business and Trade and some of the UK’s largest local authorities who together showcased more than £100 billion (€120 billion) of investment possibilities.
Under the auspices of UK Cities & Partners (UKCAP), a coordinated group of UK cities, regions, institutions and advisers, were among the organisations presenting projects at the real estate show, which was attended by more than 40,000 participants.
Aviva Investors, Legal & General, Avison Young and Clifford Chance were among the pavilion’s private sector supporters and were part of what was the largest-ever UK presence at the event.
“Public-private sector partnerships are at the heart of how we deliver precisely-targeted investment and developments that are meeting local needs and priorities in cities across the UK, such as Newcastle, Manchester, and Birmingham amongst others,” Gareth Mee, chief investment officer, capital investment, private markets, Legal & General said.
Chris Hayward, policy chairman and political leader of the City of London Corporation added: “With projects in the City’s commercial real estate market gaining momentum, a new UK Government making planning one of its top priorities and the City of London’s Local Plan nearing full adoption, there is no better time to invest in the UK.”
Dr Richard Hutchins Managing Director, Oxford to Cambridge pan-Regional Partnership said that the Oxford to Cambridge region has the scale and capabilities to become a top-three global science supercluster. “We’re on a mission to accelerate the economic opportunities created by our region’s strengths in research, science and innovation, at pace, for our region to achieve this potential,” he stated.