Commenting on the Centre for Cities report, City Outlook 2011, Philip Morton, Head of Agency and Development at CBRE said: “The announcement from the Centre of Cities that Bristol is a city to watch because it is best placed for a private sector led recovery is encouraging news.
“One area highlighted was Bristol’s stock availability, which currently stands at 13% of total stock in the city centre and 20% out-of-town. This, combined with other factors such as the city’s current employment levels and its protection from public sector job losses, put it in a good position to create new jobs.
“It supports our cautious optimism for the year and means that as a city we are in the right place to capitalise on potential economic growth.”
Visit www.centreforcities.org for more information about the report.