Budapest tied with Frankfurt and Munich as the 10th most attractive European cities for real estate investment, according to CBRE’s annual Investor Intentions Survey. London took first place for the sixth consecutive year, with 17 percent of the survey’s respondents citing the UK capital as their preferred destination for real estate investment. Berlin jumped to second place has jumped to second place from fourth in 2016.
“Europe remains a key target for property investors globally and the economic outlook for the European economy remains positive,” said Jonny Hull, managing director of EMEA investment properties at CBRE. “Whilst the core markets of the UK and Germany remain the largest investment destinations, markets such as the Nordics and CEE are increasingly important components of global investment strategies.”
