While it may be early days after Brexit, the indications are that Manchester could ride any problems reasonably well.
There is a natural optimism and resilience in the city with a pipeline of major new developments and a shortage of prime space. It is worth remembering how much the city has changed in the past decade with so much new office and residential property having been built.
As much as anything else, the city has a strong group of well established developers such as Bruntwood, Orbit and Peel. There is no reason to think the government will let the Northern Powerhouse slip away, so this has to underpin growth The transport improvements are the key to the future with the expansion of Metrolink, the linking of Victoria and Piccadilly Stations, and the prospect of HS2.
In addition, the concordat between Manchester and Liverpool to cooperate post Brexit to ensure the continued growth of the region must have a major economic impact.
While the two cities have traditionally been arch rivals, to a large extent they complement each other, partly because of Liverpool’s port facilities but also due to the size and skills of the population including a strong entrepreneurial spirit.