A city associated with global industry, civil aerospace, engineering, supply chain, apprenticeships, graduates, Derby is a hive of industry. With Rolls-Royce, Toyota, Tarmac and Bombardier having established operations there, providing robust employment for its population of 250,000. The proximity of the East Midlands airport – about twenty minutes’ away by car – means that it is in an important strategic place, as a hub for freight.
Derby – Civil Aerospace buoys employment and need for homes
Rolls Royce a pioneer and one of the world’s leading industrial technology companies is building on its founding expertise in internal combustion engines to providing the world’s most powerful and efficient aero-engines in Derby.
Derby is its largest site and it is where they design, assemble and test the Trent jet engines – the world’s most efficient large aero engine – which powers the Airbus A350 which is assembled in Derby.
Their Apprentice Academy in Derby has increased capacity helping apprentices go on to work in the supply chain. There are about 600 apprentices at any one time at several locations across the UK, with a 98% retention rate, as well as 600 graduates on their UK Graduate Scheme at any one time.
Derby home to engineering and manufacturing employees who need to live nearby
Bombardier’s Derby site is a global centre of excellence for rail engineering and aluminium car body manufacture. The site is the only facility in the UK able to design, manufacture, assemble and test new trains for domestic and export markets. Its current contracts include vehicles for Transport for London’s Elizabeth Line, vehicles for Abellio and vehicles for operators including C2C & GWR.
Toyota established a manufacturing operation in the UK pre-1990, including the vehicle manufacturing plant at Burnaston, just West of Derby.
Derby a student city – needs accommodation
With the University of Derby attracting international students which contribute to its student population, about 10% of the population, keeping it a youthful city.
The population is expected to grow by just under 10% over the next ten years (to 2028), given the pipeline of new job creation, creating more demand for homes. No wonder Derby has a rising population.
In this short video I take a look at a completed Derby property development.
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Property Venture® is an award-winning, European investment property specialist that offers advice, sourcing, support and problem-solving services to time-strapped entrepreneurs, expats and executives to help them enrich their lives through property investment in Europe. The focus is mainly: UK and German investment property, buy-to-let and homes in Poland, Managed Leaseback in France, Spanish property.
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