The Emerging Trends in Real Estate Europe annual report, published by the Urban Land Institute and PWC, ranks the real estate markets of large European cities based on their investment and development potential. This year, Luxembourg enters the rankings and is found in 9th place out the the 10 cities having the strongest and best potential for development in 2018.

More than 800 real estate professionals, investors, promoters, lenders, real estate agents and consultants responded to this survey.

Until now, the Luxembourg capital had never been part of the rankings.

This change in the European rankings for the Grand Duchy is basically due to the 4% increase in GDP, a stable economy and an open market, which is causing more and more international businesses to invest in the country. in light of the attractiveness and the solidity of the Luxembourg financial sector, we can say that the country has positioned itself as a very attractive alternative to the British capital, which is now subject to pressure on real estate prices following the favorable referendum on on Brexit.

However, the few negative points raised at the time of the study include the high cost of living in the country and worries linked to infrastructure, which underlines the possible lack of housing or educational structures.

For the 4th consecutive year, Berlin remains in first place in the rankings, half of which are occupied by German cities, all of which make Germany the most attractive European country.

Here are the complete rankings:

1. Berlin
2. Copenhagen
3. Frankfurt
4. Munich
5. Madrid
6. Hamburg
7. Dublin
8. Stockholm
9. Luxembourg
10. Amsterdam

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