Interviews

The European business cities offering the most dynamic conditions

3 min read

27 June 2017

Former deputy editor

Location is a key factor for entrepreneurs seeking success, and an analysis of European business cities has revealed where the most dynamic conditions can be found.

Savills Investment Management is behind the Dynamic Cities index, which has unearthed the European business cities that can offer truly energetic and thriving environments for companies to flourish.

The firm considered various factors of 130 European business cities to determine which would rank as the top dynamic cities, including economic growth, technology, population and wealth.

Additionally, the ranking of the European business cities was broken down further using these six categories:

(1) Innovation
(2) Inspiration
(3) Inclusion
(4) Interconnection
(5) Investment
(6) Infrastructure

To be considered a dynamic city, the report also looked for universities of a high standard and conditions that will allow businesses to hire and retain talent.

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Savills IM gave a score out of 100 using current and future data to calculate the final results, which placed London at the top of the list of European business cities. The UK capital was helmed the most dynamic location for its knowledge industries, infrastructure, investments, population growth and diversity – even in the face of Brexit and the General Election outcome.

Outside of London though, the UK exhibited further strength with Cambridge in third place. Considered by Savills as a surprise due to it being the smallest city in the top five, it is particularly desirable for its university, 31 per cent employment growth over the past ten years and knowledge-centric companies generating some £11bn in revenue.

Kiran Patel, chief investment officer at Savills IM, said: “Europe’s most dynamic cities are future-proofing themselves by creating environments that encourage the growth of a ‘knowledge economy,’ which will increasingly drive wealth creation.

“The report shows that size isn’t everything: while some ‘supercities’ such as London and Paris are consolidating their already dominant positions, smaller cities such as Cambridge, Edinburgh, Dublin and Stockholm are well positioned to grow in influence over the coming years and are likely to become increasingly attractive locations for property investment.”

Find out which European business cities were ranked the most dynamic: 

 

Overall

Inspiration

Inclusion

Innovation

Interconnection

Infrastructure

Investment

1

London

Cambridge

Cambridge

London

London

London

London

2

Paris

London

London

Cambridge

Paris

Paris

Paris

3

Cambridge

Prague

Dublin

Paris

Berlin

Stockholm

Malmö

4

Amsterdam

Oxford

Edinburgh

Amsterdam

Vienna

Cambridge

Munich

5

Berlin

Edinburgh

Lausanne

Munich

Madrid

Brescia

Zurich

6

Munich

Amsterdam

Zurich

Stockholm

Munich

Copenhagen

Amsterdam

7

Dublin

Reykjavik

Oxford

Barcelona

Amsterdam

Oslo

Lausanne

8

Stockholm

Berlin

Brussels

Eindhoven

Copenhagen

Vienna

Stockholm

9

Edinburgh

Dublin

Basel

Berlin

Barcelona

Bern

Geneva

10

Zurich

Basel

Luxembourg

Oxford

Oslo

Berlin

Berlin

11

Madrid

Florence

Barcelona

Madrid

Milan

Amsterdam

Manchester

12

Vienna

Vienna

Reading

Luxembourg

Frankfurt

Brussels

Oslo

13

Oslo

Rome

Manchester

Dublin

Brescia

Stavanger

Frankfurt

14

Oxford

Copenhagen

Paris

Basel

Geneva

Edinburgh

Hamburg

15

Basel

Oslo

Madrid

Zurich

Brussels

Munich

Vienna

16

Lausanne

Madrid

Stockholm

Tallinn

Hamburg

Istanbul

Dublin

17

Barcelona

Bristol

Bristol

Oslo

Innsbruck

Zurich

The Hague

18

Brussels

Paris

Amsterdam

Brussels

Edinburgh

Dublin

Stavanger

19

Copenhagen

Tallinn

Berlin

Lausanne

Bern

Helsinki

Bern

20

Geneva

Belfast

Geneva

Bristol

Stuttgart

Bergen

Brussels