Property investment crucial to C&W’s economic future, industry event hears

ATTRACTING investment into the property market is crucial for Coventry & Warwickshire’s future prosperity, a 150-strong audience at an industry event has heard.

Philip Costigan, senior partner at local law firm Band Hatton Button, used the company’s annual commercial property event to highlight the need for continued growth in the area.

Representative from the legal, property, financial and public sectors gathered to discuss the past 12 months and what the future holds for the commercial property market in Coventry and Warwickshire.

Costigan said: “There is no doubt that we have witnessed a resurgence in the sector over the last 12 months and Coventry and Warwickshire has many reasons to remain optimistic.

“Coventry and Warwickshire was named as the most successful area outside of London in attracting inward investment and there is a real sense of an opportunity for growth.

“There has to be a supply of suitable sites to allow companies to relocate and expand, and that has to be followed by investment. There is a feeling that Coventry and Warwickshire is very much on the up because of number of factors – but that can change if investment stalls.”

More than 150 people including professionals, service providers and clients attaended St Mary’s Guildhall in Coventry for the annual Band Hatton Button Commercial Property Buffet.