London property developers have looked to Birmingham as a source of future growth as the market for high-end properties in the capital stagnates.
Birmingham has regenerated to position itself as an international destination for investment and the UK’s top regional centre for conferences and exhibitions. The city has promoted the growth of a service based economy to replace the jobs lost in manufacturing, whilst private sector employment in financial and professional services, tourism, leisure and retailing has risen rapidly over the last twenty years. The city centre’s re-development has been integral to this revitalisation, creating new office districts, retail schemes and hotels.
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