London and Paris maintain leading positions on LaSalle’s European Cities Growth Index

London ranks as Europe’s leading city for projected real estate occupier demand for the sixth year running in the latest annual edition of the European Cities Growth Index (ECGI), published by LaSalle Investment Management. Following closely behind, Paris retains its position as one of the “Big Two” European cities, owing to its position as one of Europe’s key innovation and technology hubs.

While London retains its top position, its ECGI score worsened compared to last year, due to pressures on GDP growth. In 2022, the ECGI score worsened for 57 cities across Europe, the highest number since the Great Financial Crisis.

Polarization between London and U.K. regional cities also continued to increase in this year’s index.