London has reclaimed the number one spot as the most attractive European city for residential investors in Patrizia’s European Living Cities Index 2024.
The city has leapfrogged Paris to claim the top position, with Zurich claiming third place in the company’s annual ranking. Stockholm has also been a strong performer this year, rising from ninth to seventh place in the rankings.
The index takes into account a wide range of different factors including location quality, connectivity, innovation and market fundamentals.
Dr Marcus Cieleback, chief urban economist at Patrizia, said: “We live in a world in transition where rapid urbanisation will arguably be the defining force that shapes the future of our cities. As long-term investors, we are deeply passionate about understanding the drivers of what makes a city attractive to invest in, both now and in the future, and providing this intelligence to our investors as part of our broad mix of investment solutions.
“Now in its eighth year, our European Living Cities Index augments a city’s attractiveness rating with key liquidity indicators and the fundamental characteristics of a smart city, creating a comprehensive ranking that informs our convictions for living sector investments across the risk spectrum.”
