The European Regional Economic Growth Index (E-REGI) of the real estate consultancy LaSalle annually identifies the European regions with the best economic prospects. Munich improved three places to fourth place this year.
As a result of the Brexit vote, London lost its top spot in the ranking and now ranks second after Paris. Stockholm follows in third place. Munich ranks fourth. Among the losers, a particularly large number of British cities are politically motivated. However, Polish and Turkish cities also suffered from their respective political situations. In contrast, French and German cities, in particular, experienced a boost. The authors also attribute this to the political framework and praise the decision-makers.
With a total of 15 cities, Germany is the most strongly represented in the index. Stuttgart achieves the second-highest score after Munich and ranks 9th in Europe. Berlin climbed 19 positions to 16th place.
How E-REGI is calculated
In its 17th year, the growth index covers 295 European regions and 100 urban agglomerations in 32 countries. E-REGI measures four individual indicators: growth, prosperity, business environment, and human capital. Previous editions of the index included research and development expenditures instead of human capital.
