There should be three key priorities for every European city, according to Petra Blazkova, Head of Research and Strategy, LaSalle Investment Management. “liveability, affordability and sustainability.”
Blazkova said there is a shift in which European cities are regarded as people’s favourites.
“London and Paris are obviously still very important, they score very highly in our rankings. But we’re also starting to see cities like Munich, Amsterdam and Barcelona gaining because of those three key elements.”
London is doing well despite current economic and financial headwinds.
“It still scores number one in our ranking. That said, it is cities like Paris and Amsterdam are catching up, getting a little bit closer as London needs to get through those some of those headwinds that it is facing now.”