As London gets too hot to handle Derby is a big draw for investors

    Huge amounts of money have been spent grand projects in London but some investors are now looking for potentially greater value in cities such as Derby.

John Forkin, director of Marketing Derby, talks about how cities such as Derby are becoming more attractive to potential investors as London's property market boils over.

The truth is, London's property market is getting too hot, meaning that cities outside the capital are now on the radar, offering potentially greater value and yield uplift especially for UK institutional investors.

Over the past year, we at Marketing Derby have definitely noticed this.

Increasing numbers of UK-based investors have started to peer outside the walls of the M25 and seek options in the regions.

They were in particular evidence at our MIPIM events in March and colleagues in the city's commercial agent community would vouch for this trend as out-of-town inquiries increase.

The 2014 Derby Property Summit (Renaissance in the Regions – How Investment Is Reaching Beyond The Capital) is to be seen in this context.

Today at the iPro Stadium, Derby puts its best foot forward and showcases its ambition to the property

world.

Guests are coming not only from the greater Derby area but also from the wider Midlands and London.

Chaired by BBC business journalist Declan Curry, these delegates will be treated to thought-provoking keynote presentations.

PwC will provide a global perspective, the Centre For Cities think tank will paint the national picture and Derby City Council will outline the local view.

This conference has now gained such a status that Minister of State for Cities Greg Clark has filmed comments especially for screening to delegates at the summit.

As the economy picks up, so will investment increase.

This time, Derby is well-placed to take full advantage, based on our ambition, momentum, confidence and portfolio of development opportunities.

Source: Derby Telegraph