1 Oct 2009

Munich overtakes London as top European property destination

Munich, followed by Paris, have emerged as the two most attractive European cities for property investment for commercial real estate owners and investors on a medium term outlook, as per LaSalle Investment Management’s eleventh.
European Regional Economic Growth Index, according to a report in the Financial Times.
While London’s size and wealth kept it in the top 10, it was knocked from the top spot for the first time since 2005 - underlining the city’s exposure to the financial downturn relative to rival business hubs.
http://www.wealth-bulletin.com/portfolio/content/1055268273/