Emirati-linked firms’ ownership of Manchester land ‘up 39%’ in ten years
Reported by The Guardian Business, not nibnow. We are not the publisher of this story, only the source is.
Emirati-linked companies own nearly 40 percent more land in Greater Manchester than a decade ago. This concentration of ownership brings increased scrutiny to the city's economic ties amid ongoing controversies.
Economic ties face scrutiny after scandal over Manchester City’s financial rules ‘That’s the way the city works’: how the UAE changed the face of Andy Burnham’s Manchester Emirati-linked companies own almost 40% more land in Greater Manchester than a decade ago, Guardian analysis reveals, as the city’s economic ties face scrutiny after Manchester City’s financial rules scandal. The number of land titles in Greater Manchester owned by United Arab Emirates-linked companies increased from 51 in 201
Greater Manchester is a major metropolitan county in northwest England, and local leaders such as Andy Burnham manage regional development and economic policy.
- •Further analysis and public debate regarding foreign investment in UK real estate
- •Responses from local officials and regulatory bodies concerning economic ties to the United Arab Emirates
- •Developments related to Manchester City's financial rules scandal and its broader local impact