The comprehensive comparison of 130 European cities by the Savills (IM Dynamic Cities index), which compares the retention of talent, productivity, wealth and population growth, finds London is the most dynamic city. The workforce in London is diversified, while Cambridge is the city which has been retained due to technological advancement.

In the inclusion category, Cambridge is the first place, where 'include' refers to the comparison of culture, gender, religion and availability of transportation, skilled population and affordability.

The investment in London Infrastructure Plan 2050 is expected to further promote new developments in the UK. Nonetheless, uncertainty related to interest rates has been hitting households, and buyers are waiting for a great opportunity. 

The study by Savills Investment Management (Savills IM) is based on the data collected on 30 December 2017. It shows London, Cambridge and Oxford are at the top with the highest total asset value. 

Construction grew in the previous quarter, indicating recovery from snow-related disruption in March, and this will contribute to the housing construction and development in June. 

There are several empty shops in city centres in leading cities of the UK, and Newport is one of the cities having the highest number of vacant city centre shops in the UK and Wales. In May 2013, the new provision to use buildings for mixed-use policy to ensure vitality and activities was introduced to convert offices into residential space without planning permission.

The new housing opportunities were designed from unused office spaces as the offices shifted to the online platform, which provides mixed office and housing places. 

Comparing Eurozone to the UK

The macroeconomic situation of the Eurozone is improving, and researchers believe real estate rates are volatile due to a range of geopolitical factors. It is assumed the instability will ease in the coming years. Some experts believe China could be the next source of a downturn due to increasing pressure on its financial markets. 

The German inflation was at 2 per cent in June, and this has been supporting Euro rates. The change in politico-economic factors post-Brexit will determine new inclinations in the EU and the UK. Euro is stable due to stability in German markets, and the Pound sterling was down due to reducing house prices in the UK. 

The 'Emerging Trends Europe' claims the cities Frankfurt and Copenhagen in Germany are positive in terms of development prospects. On the Savills Index, Copenhagen has been ranked 14th, and Frankfurt is 17th. Investors in real estate are attracted to Copenhagen due to sustainable growth in the technology sector.  

Paris has always been compared to London, and the attractiveness of France grew in 2017, but Paris is not a better place for employment opportunities than London.

Most employment opportunities are available in the UK, followed by Germany and Russia. Paris has been ranked third, and London is termed 'super city', where investment performance has been highest. 

For more information about European real estate trends and the UK markets, contact - Hamilton International Estates (www.hamiltoninternationalestates.com).