Moscow Is Europe's Hottest Property
| Hot Spots | ||
| City | 2008 Ranking | 2007 Ranking |
| Moscow | 1 | 18 |
| Istanbul | 2 | 11 |
| Hamburg | 3 | 9 |
| Munich | 4 | 4 |
| Paris | 5 | 1 |
| Lyon | 6 | 5 |
| Frankfurt | 7 | 27 |
| Stokholm | 8 | 3 |
| Berlin | 9 | 25 |
| Helsinki | 10 | 6 |
| Source: Urban Land Institute / PricewaterhouseCoopers Emerging Trends survey. | ||
"It looks like good news if you have money to invest but bad news if you are looking for a place to rent. If you want more bang for your buck then the Moscow real estate market is the place to be, according to a Europe-wide survey of market players released Tuesday that put the city on top of the table for investment prospects. But in the rollercoaster world of Russia's property boom not everything looks so rosy, as those polled also ranked Moscow the riskiest city to do business in. Moscow's meteoric rise, up from 18th last year, is due in large part to investors turning away from Europe's traditional markets to tap into new opportunities, the annual report from PricewaterhouseCoopers and the Urban Land Institute said"(Mark Delany, The Moscow Times)
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