Last month, Emerging Trends Europe, the study conducted by PwC and Urban Land institute, presented the 28 major European cities ranks according to their investment prospects in the real estate market.
This ranking was determined, through the insight of the 500 investors, real estate developers and property managers on the perspective of investments and the future of the commercial and residential real estate market in each city.
London, down to the 15th rank, is still getting the lion’s share of the long term investments but is not a strong contender for the new real estate market that expects returns a lot faster.
Furthermore, the investments are greatly impacted by the tax on high scale properties and the additional taxes on companies implemented by George Osborne.
This year, it is Germany that is under the spotlights with Berlin (ranking 1st), Hamburg (ranking 2nd) and Munich at the 10th position.
Paris still considered a sound investment, gains 2 places at ranks 22nd.
Hereunder you will find the complete ranking:
Download the study following the link: http://www.pwc.com/gx/en/industries/financial-services/asset-management/emerging-trends-real-estate/europe-2016/download.html