German cities remain top ten in PWCs Emerging Trends Europe
Emerging Trends Europe 2018 ranked the real estate markets in major European cities according to their overall investment and development prospects. Berlin retains its billing as the most desirable city, with Frankfurt joint second alongside Copenhagen; and Munich and Hamburg close behind.
Frankfurt, Germany’s financial centre, is starting to see tangible benefits from the UK’s decision to leave the European Union, although some are more sceptical about the scale of the win. Paris was placed 14th, while London languishes near the bottom for the second year running, in 27th place.
The fact that German cities once again took four of the top 10 spots in the report's score card of prospects 'is no surprise' says the report’s section discussing Markets to Watch. Germany’s consistency in remaining in the top ten over the last few years highlights the country’s stability and attractiveness as a region for investment. 'Germany has been steady state for a long time now. With Berlin, people truly believe it’s going to become a major city', a pan-European financier says.