Swiss cities climbed in the ranking of European cities as the most desirable for real estate investments.

According to Swiss Life Asset Management’s European Thematic Cities Index (TCI), Zurich took second place overall in a ranking that measures five core structural themes that make up a city’s real estate market. Dynamics, health, networking, cosmopolitanism and accessibility of a city are decisive for the ranking.

Six Swiss cities remained in the top 50, each gaining in the rankings, with Geneva registering the largest gain, climbing 16 spots to 31st overall, while Zurich climbing 7 spots to second.

“Zürich owes its rise to second place to a higher level of dynamism and accessibility in the ranking. It is a well-connected city and has a solid economic foundation that promises stability but reduced potential for growth,” the report said.

Basel and Berne

Two other Swiss cities made the top 10 overall, with Basel moving up one spot to 7th overall and the capital Bern joining in 9th, up 10 spots from 2021.

Basel’s gain came as a result of increased momentum, networking and accessibility rankings, while also taking a hit to health rankings. It is attractive to start-ups and has quality public facilities.

Thanks to higher dynamics and network scores, Bern made it into the top 10, is very commuter-friendly and offers its residents a lot of greenery. However, above-average car ownership reduced the health score.

Source: finews.com
06-22-2022