Birmingham, Berlin and Hamburg are top of the property market as the capital is overtaken by cities such as Budapest and Istanbul
London rejected from the 10 best European cities for investing in property
Birmingham, Berlin and Hamburg are top of the property market as the capital is overtaken by cities such as Budapest and Istanbul
London has slipped out of the top 10 best cities in Europe for investment prospects in property for the first time since 2012 to 15th place, thanks to high prices and a crunch on
yields.
The capital is no longer in the top 10 best cities in Europe for investing in property Photo: Getty Image
Berlin and Hamburg took the top two positions in the Emerging Trends in Real Estate report by PwC and the Urban Land Institute, while Birmingham came in sixth.
Which European cities have the best investment prospects for property?
The report, which is a useful guide to where experts think the market might be heading, collated interviews with more than 500 developers, investors and property managers across Europe.
They were asked to rate each city based on investment prospects, and for their impressions on the future of the property market – both residential and commercial.
London, while still the biggest investment market for property in Europe, came in one place below Istanbul and two below Budapest, despite their volatile political situations.
Infographics: Key findings in numbers.
Birmingham is has great prospects for property investment , bigger better national rail hub New Street Station, provides faster access to capital and to the north.
Birmingham remained in sixth place for the second year running because companies are starting to move business there, such as HSBC, as well as HS2 and its relative cheapness in comparison to London.
One investor said: “I think it is finally proven that Birmingham is attracting employees and employers from London. At several buildings in Birmingham which we own, the tenants have moved people there because it is cheaper.”
Berlin’s popularity stems from its existence as a hub for creative and tech industries, and the strong demand for office space.
The list of European cities with the best investment prospects
Berlin
Hamburg
Dublin
Madrid
Copenhagen
Birmingham
Lisbon
Milan
Amsterdam
Munich
Stockholm
Barcelona
Budapest
Istanbul
London
Helsinki
Warsaw
Edinburgh
Prague
Frankfurt
Brussels
Paris
Vienna
Zurich
Rome
Lyon
Athens
Moscow
emerging-trends-in-real-estate-europe-2016.pdf Beyond the capital: Europe 2016 Download
Further Reading
Estate agents made £860m out of London's property boom in 2015
Bronze Age houses uncovered in Cambridgeshire 'best ever'
House Builder Persimmon reports strong growth with legal completions increasing by 8% to 14,572 new homes
Prime Minister David Cameron pledges to transform sink estates @onthemarketblog
what will happen to the property market 2016 ?
Rob Ellice on easyProperty's launch into land and new homes
Purplebricks Group PLC PURP.L largest UK individual property brand spend of over £8m
high street estate agency valuations – flattery will get you nowhere by @emoovceo
Amazon >Amazon Prime will be delivering goods by drones to homes in UK and Ireland in the near future
Eric Schmidt Google > "lean distribution models are replacing big marketing and advertising budgets".
Berlin and Hamburg took the top two positions in the Emerging Trends in Real Estate report by PwC and the Urban Land Institute, while Birmingham came in sixth.
Which European cities have the best investment prospects for property?
The report, which is a useful guide to where experts think the market might be heading, collated interviews with more than 500 developers, investors and property managers across Europe.
They were asked to rate each city based on investment prospects, and for their impressions on the future of the property market – both residential and commercial.
London, while still the biggest investment market for property in Europe, came in one place below Istanbul and two below Budapest, despite their volatile political situations.
Infographics: Key findings in numbers.
Birmingham is has great prospects for property investment , bigger better national rail hub New Street Station, provides faster access to capital and to the north.
Birmingham remained in sixth place for the second year running because companies are starting to move business there, such as HSBC, as well as HS2 and its relative cheapness in comparison to London.
One investor said: “I think it is finally proven that Birmingham is attracting employees and employers from London. At several buildings in Birmingham which we own, the tenants have moved people there because it is cheaper.”
Berlin’s popularity stems from its existence as a hub for creative and tech industries, and the strong demand for office space.
The list of European cities with the best investment prospects
Further Reading
Estate agents made £860m out of London's property boom in 2015
Bronze Age houses uncovered in Cambridgeshire 'best ever'
House Builder Persimmon reports strong growth with legal completions increasing by 8% to 14,572 new homes
Prime Minister David Cameron pledges to transform sink estates @onthemarketblog
what will happen to the property market 2016 ?
Rob Ellice on easyProperty's launch into land and new homes
Purplebricks Group PLC PURP.L largest UK individual property brand spend of over £8m
high street estate agency valuations – flattery will get you nowhere by @emoovceo
Amazon >Amazon Prime will be delivering goods by drones to homes in UK and Ireland in the near future
Eric Schmidt Google > "lean distribution models are replacing big marketing and advertising budgets".
Which European cities have the best investment prospects for property?
They were asked to rate each city based on investment prospects, and for their impressions on the future of the property market – both residential and commercial.
London, while still the biggest investment market for property in Europe, came in one place below Istanbul and two below Budapest, despite their volatile political situations.
Infographics: Key findings in numbers.
Birmingham is has great prospects for property investment , bigger better national rail hub New Street Station, provides faster access to capital and to the north.
One investor said: “I think it is finally proven that Birmingham is attracting employees and employers from London. At several buildings in Birmingham which we own, the tenants have moved people there because it is cheaper.”
Berlin’s popularity stems from its existence as a hub for creative and tech industries, and the strong demand for office space.
Berlin
Hamburg
Dublin
Madrid
Copenhagen
Birmingham
Lisbon
Milan
Amsterdam
Munich
Stockholm
Barcelona
Budapest
Istanbul
London
Helsinki
Warsaw
Edinburgh
Prague
Frankfurt
Brussels
Paris
Vienna
Zurich
Rome
Lyon
Athens
Moscow
emerging-trends-in-real-estate-europe-2016.pdf Beyond the capital: Europe 2016 Download
Further Reading
Estate agents made £860m out of London's property boom in 2015
Bronze Age houses uncovered in Cambridgeshire 'best ever'
House Builder Persimmon reports strong growth with legal completions increasing by 8% to 14,572 new homes
Prime Minister David Cameron pledges to transform sink estates @onthemarketblog
what will happen to the property market 2016 ?
Rob Ellice on easyProperty's launch into land and new homes
Purplebricks Group PLC PURP.L largest UK individual property brand spend of over £8m
high street estate agency valuations – flattery will get you nowhere by @emoovceo
Amazon >Amazon Prime will be delivering goods by drones to homes in UK and Ireland in the near future
Eric Schmidt Google > "lean distribution models are replacing big marketing and advertising budgets".
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