The report entitled "Comparative Advantage, Opportunities and Risks for European Subnational Areas" analyzes the long-term potential for growth in Europe’s sub-regions, particularly in relation to real estate markets.
Over the coming years, some of the best growth prospects for commercial real estate will be in the large metro areas that have gone through deep downturns, such as Milan, Rome, Madrid and Manchester. Smaller cities like Dublin and Copenhagen that also suffered deep recessions during the financial crisis will offer good growth opportunities too”, says Steve Cochrane, Managing Director at Moody’s Analytics, and author of the report.
