How are Germany’s major cities doing in terms of economic strength, labor market or sustainability? According to a study, one city in particular stands out this year.
Frankfurt/Main (dpa) – Boomtown Mainz: In a study, the Biontech location defends its place as the most dynamic city in Germany and, given the current situation, is getting closer to the leader in Munich. This emerges from the city ranking published on Thursday by IW Consult on behalf of the Internet portal Immoscout24 and “Wirtschaftswoche”. Last year, Mainz also benefited from the success of the corona vaccine manufacturer Biontech in terms of tax revenue.
“It remains to be seen whether the city will manage to increase the attractiveness of the location in the long term and establish itself in the top 5,” said ImmoScout24 managing director Gesa Crockford.
The annual study compares the current situation (level) and rates of change (dynamics) of various indicators in 71 independent cities with more than 100,000 inhabitants. Factors such as economic structure, labor market, real estate and quality of life are analyzed. An additional sustainability index includes economic, ecological and social factors.
Berlin is one of the dynamic cities
In the level ranking, which describes the economic and social situation, Bavaria’s capital Munich has defended the top spot in the analysis since 2013, while Mainz worked its way up to second place. In addition to the metropolises of Stuttgart (3) and Frankfurt am Main (8), Erlangen, Ingolstadt, Wolfsburg, Darmstadt as well as Ulm and Regensburg also landed in the top ten. As in the previous year, Hamburg was in 11th place, Düsseldorf followed in 13th place. Cologne and Berlin were in 31st and 38th place. As in the previous year, the Ruhr area cities of Herne, Duisburg and Gelsenkirchen were at the bottom.
When it comes to dynamics, Berlin and Leipzig rank behind leaders Mainz. Kaiserslautern jumped from 22nd place to 4th place in the evaluation, followed by Dsseldorf (5th). Hamburg improved significantly from 42nd to 6th place. Munich and Cologne came in 9th and 7th place. In the large metropolises, the dynamic assessment is, according to the information, primarily driven by the real estate market and the development of rents. Ludwigshafen, Ingolstadt and Hagen ended up at the bottom of the ranking.
Heidelberg scores with research institutes
In the sustainability index, Heidelberg displaces the Autostadt Wolfsburg from the top spot to third place. The university city on the Neckar is particularly forward-looking and scores points, among other things, with research institutes such as a center of the Max Planck Society and a high-performance digital infrastructure, according to the study. Ingolstadt improved to second place. Erlangen remained in fourth place, followed by Ulm. The last three places in the evaluation still went to Herne, Duisburg and Gelsenkirchen.
dpa-infocom, dpa:231116-99-964277/2
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