Landmark Annual Property Review celebrates success
The 25th Warrington Annual Property Review has seen business leaders coming together to find out more about the continued success of the town’s commercial property market.
The landmark event – celebrating a quarter of a century of the review – took place on Friday 28 April at The Park Royal Hotel. It showcased the ongoing growth and resilience of the town, despite some ongoing uncertainty in investment spending nationally.
Each year, the Annual Property Review provides an in-depth analysis of the Warrington property development and investment market, featuring presentations of statistics and reports independently commissioned, compiled and collated by Warrington-based commercial property agents, BE Group, who have authored the report since its inception.
This year’s Review demonstrates the continued confidence in Warrington as a great place to do business, reflected by the new investment that has come into the town over the past 12 months.
Successes of the past year include:
• A number of significant office and industrial transactions and a high performing year for industrial take-up, demonstrating that demand remains high and buoyant.
• The completion of two Town Deal projects - a state-of-the-art Health and Social Care Academy at Warrington & Vale Royal College, and a brand new bus depot, which from 2024 will support one of the largest all-electric bus fleets in the UK.
• The new Warrington Youth Zone officially opening and enjoying almost 60,000 visits in its first nine months.
• The council’s own housing company – Incrementum – completing work on 161 eco-friendly properties for rent and affordable rent in Great Sankey and Birchwood.
• The launch of the Warrington Skills Commission - made up of representatives from a broad range of sectors – to lead a public debate on skills needs and opportunities and secure the economic success of the borough for decades to come.
• Warrington’s role as a host for the Rugby League World Cup (RLWC), in particular, the hosting of the full, inaugural Physical Disability Rugby League (PDRL), which showcased Warrington as a national centre of excellence for disability rugby.
Warrington Borough Council’s Cabinet Member for economic development and innovation, Cllr Tom Jennings, said: “I’m delighted that we were able to once again showcase the ongoing success of our town as a place where businesses can thrive. Our economy, business sector and investment programme remain in an exceptionally strong position. This year’s review demonstrates, yet again, the resilience of Warrington’s economy and our continued growth, which gives us much to be confident about as we look towards the future.”
Council Chief Executive and Chair of Warrington & Co, Prof Steven Broomhead MBE, said: “Despite the ongoing economic uncertainty, nationally, Warrington continues to buck trends and take big strides forward. The new investment we are seeing coming into our town gives us every reason to feel confident about our ongoing growth. In business, we all know that confidence drives commercial competitiveness and success.
“It’s fantastic to have reached the 25th year of our Annual Property Review, and I’m delighted we were once again able to bring businesses together for a valuable insight into all of the fantastic things which are happening within our property development and investment market.”
The Warrington Annual Property Review is hosted each year by Warrington & Co – the town’s urban regeneration and inward investment partnership.
This year’s event was sponsored by:
• Baker Mallett LLP
• Birchwood Offices
• Langtree Property Partners
• Lingley Mere Business Park
• Omega Warrington Ltd
• Orbit Developments
• Pin Properties
• Redwood Bank
• Taylor Rose MW
• Wates Construction
• Wire Regeneration
The document is available to download at warringtonandco.com. Printed copies are also available on request.