Hotels in Amsterdam

Amsterdam comes 8th as the best European cities for establishing business

Cushman & Wakefield has done the European Cities Monitor, an annual survey on Europe’s major business cities and according to the survey Amsterdam has dropped from 6th to 8th place in a ranking of best European cities in which to establish a new business location with London, Paris and Frankfurt topping the chart.

Based on interviews with 500 top business leaders, the survey provides an overview of the perceptions that corporate occupiers have about cities across Europe and their relative attractiveness.

When ranked in terms of easy access to markets, customers or clients, Amsterdam fell from 5th to 9th place. The city moved from 10th to 7th place when it comes to quality of telecommunications, and retained 5th place for the availability of qualified staff. However, the city fell from position 18 to position 25 when ranked according to the cost of personnel. In terms of transport links with other cities and internationally Amsterdam remained in 4th place. Amsterdam moved from ranking 17 to 14 for availability of office space, but in the ranking of value for money of office space Amsterdam fell from the 12th to the 18th spot. The city fell from position 8 to position 12 when ranked by perceived quality of life for employees.

Dirk Sosef, of Cushman & Wakefield’s Amsterdam branch, said, “Amsterdam must make clear about the things that distinguish the city: the international accessibility of Schiphol airport, the highly educated personnel, and the variety of languages spoken.” Sosef also added that the city should pay attention to the accessibility in and around Amsterdam.