At the top of the EU property market we find Birmingham, Berlin and Hamburg. London has been overtaken by cities such as Budapest and Istanbul
This is the first time since 2012 that London has slipped out of the top 10 best cities in Europe for investment prospects. Prices are high and yields aren’t as good as they used to be.
A report done by by PwC and the Urban Land Institute, showed that Berlin and Hamburg took the top two positions in the Emerging Trends in Real Estate, while Birmingham came in sixth.
This report collated interviews with more than 500 developers, investors and property managers across Europe and is a useful guide to where experts think the...