London is the most dynamic city in Europe, according to new research from Savills IM, boosted by its new Elizabeth Line and ability to adapt to economic changes.
The UK capital has taken the top spot for the second year running, closely followed by Cambridge, Paris, Amsterdam and Berlin in second, third, fourth and fifth place respectively.
Real estate investment manager Savills IM surveyed 130 European cities as part of the research, across six categories of innovation, inspiration, inclusion, interconnection, investment and infrastructure.
Irfan Younus, head of research in Europe for Savills IM, commented on the report:
“While London’s continued dominance as Europe’s leading ‘supercity’ will reassure those investors concerned by Brexit, new developments such as Crossrail, which opens later this year, and the Greenwich Peninsula – a formerly underdeveloped area that is fast becoming a vibrant community for living, working and recreation – underlines the scale of its ability for self-improvement.”
Jules Pipe, the deputy mayor of London for planning, regeneration and skills, said its excellent transport links were a major player in its high ranking, with Crossrail and the Elizabeth line opening London up for investment and regeneration.