Despite having dropped some positions in the ranking, Lisbon remains in the top 10 of the best European cities to invest in the real estate market, according to a study conducted by PwC and the Urban Land Institute. Lisbon, which last year appeared at the top of the table, was dethroned by Paris.
According to the study, the French capital will be the star of real estate investment in Europe this year, thanks mainly to the urban project it is developing, known as Gran París - focused on expanding the city limits and creating new business centers and new economic poles to encourage innovation. This project started a few years ago and will continue to be developed throughout this decade, with an estimated investment of over 30,000 million euros.
Behind Paris is Berlin, one of the usual top-ranked cities, and soon after Frankfurt. London is the fourth city on the list, having disappeared from 20 places on last year's list.
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