Across Europe, the traditional view is that major cities are the best locations to invest. Whether the preference is office, residential or retail, the likes of Paris, London, Madrid and Milan will be prioritised by investors as the places likely to deliver the best returns. But should new destinations also be considered?

Buildings face a variety of challenges to remain current. The risk of obsolescence can come in terms of the physical structure of the building, but also its location, as well as the nebulous concept of “user experience”, where smart gadgetry and app integration can set a property apart.