Powerhouse cities set sail for Cannes

James Newman, Chairman of Sheffield City Region Local Enterprise Partnership.
James Newman, Chairman of Sheffield City Region Local Enterprise Partnership.
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Leading cities of the North of England will present a united front to foreign investors at the world’s biggest real estate convention taking place on the French Riviera.

Leeds, Manchester, Sheffield, Liverpool and Newcastle will try to win backing for the Northern Powerhouse concept at MIPIM 2015 next month.

The Government has been pushing the idea of greater connections between northern cities to help rebalance the UK economy away from London.

MIPIM gathers leading international property players for four days of networking and deal-making in the upmarket French resort of Cannes.

It attracts 21,000 people including 4,500 investors, 2,225 exhibiting companies and 1,126 developers from 93 countries.

Leeds City Region will partner with Sheffield City Region to promote investment opportunities around HS2, the high-speed train link between London and the North, and the devolution of powers from Whitehall to the regions.

James Newman, chairman of Sheffield City Region Local Enterprise Partnership, said: “In such a highly competitive market place, working together and having a connected ambition can only strengthen our proposition.”

Roger Marsh, chairman of Leeds City Region Enterprise Partnership, added: “We are in a strong position to demonstrate to potential investors the scale and diversity of the opportunities which exist here.”

Representatives from Leeds City Region say they will be promoting six large-scale investment ready opportunities, including the South Bank of Leeds, which has been described as the largest city centre development opportunity in Europe.

The others are expected to include York Central, a 40-hectare development site close to the railway station, Bradford city centre and residential property schemes.

Private sector backers for the Sheffield delegation include include Arup, Curtins Consulting, Sheffield Business Park, Peel Logistics, Verdion, Nabarro and Harworth Estates.