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SiteMatch Scotland13 June 2013
Elaine BallantyneHead of Investor Support, The City of Edinburgh Council
www.investinedinburgh.com @InvestEdinburgh
Edinburgh – Top Ten Facts
Capital Economy
Edinburgh is the UK’s second most prosperous city.
Growing population:
City: 495,360
City Region: 1.63million
UK Foreign Direct Investment in major UK Cities outside London (2012)
London= 363 projects, 15,876 jobs
Talented, Connected Financial Centre
44.6% of workforce qualified to Degree/Equivalent Level
4 World-class universities
Over 15% of all UK University spin-out companies recorded since 2001, were from the University of Edinburgh (Financial Times)
UK’s second financial centre
Over £500 billion funds under management by companies headquartered in Edinburgh.
One of the world's top fund management hubs and a major European centre for asset servicing.
With 82.8% availability, super-fast broadband is connecting Edinburgh businesses globally. (OFCOM)
• Forth Replacement Crossing (£1.45-£1.6bn)
• Tram (£776m)
• Edinburgh Glasgow Improvement Project (£650m)
• Borders Railway (£350m)• Waverley Station Upgrade (£130m)
• Haymarket Station Interchange (£77m)
• Edinburgh Gateway Interchange (£37m)
• Edinburgh Airport Enhancements
£3.6 billion of infrastructure investment
Edinburgh’s Key Development Sites – SiteMatch Scotland 2013
• 6-8 Market Street
• Springwell House
• Fountain Quay
• Edinburgh Waterfront
6-8 Market Street
Springwell House
Edinburgh Waterfront
Fountain Quay
Project Completed
1. Assembly Rooms Redevelopment
2. Primark
3. Advocate’s Close Motel One
4. The Caledonian Waldorf Astoria
6. Atria Edinburgh and EICC AFSUnder Construction
5. The Charlotte Square Collection
Other Major City Centre Developments
1
1
3
2
6
5
13
4
8
12
7
9
10
7. 10-15 Princes Street Hotel & Retail
Development
8. SoCoProject Proposed
9. Caltongate
10. St James Quarter
11. St. Andrew Square
12. The Haymarket & Haymarket Station
13. Fountainbridge South
11
BEST FOR INVESTMENTBest large European city for FDI The Financial Times, Foreign Direct Investment (fDi) Magazine 2012/2013
Best large city for FDI strategyThe Financial Times, Foreign Direct Investment (fDi) Magazine 2012/2013
Scotland Property Company of the Year – City of Edinburgh Council(Estates Gazette 2013)
TOP VISITOR DESTINATIONEurope's leading destination World Travel Awards 2012
Favourite UK city for 13 years runningGuardian/Observer Travel Awards 2013
MOST COMPETITIVEUK‘s most competitive large city 2010 UK Competitiveness Index - The Centre for International Competitiveness,
Top location for economic potential The Financial Times, Foreign Direct Investment (fDi) Magazine 2010/2011
•Working with our framework agents: CBRE, Jones Lang Lasalle and GVA Grimley
•Working in partnership with the Edinburgh Business Forum
•Attending international investment events such as MIPIM and Expo Real
•Working in partnership with the Scottish Cities Alliance
•International target regions: London; Germany; Toronto; China; Middle-East and Turkey
•Planning concordat
•Working with the Scottish Futures Trust and Green Investment Bank, amongst others, to identify and take forward innovative funding models
What are we doing?
