April 20th, 2017
‚Human Capital‘ fuels Germany’s Capital Berlin!
‚Human Capital‘ fuels Germany’s Capital Berlin
‘Human capital’ is considered the sum or ‘stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value. These resources are the total capacity of the people that represent a form of wealth which can be directed to accomplish the goals of the nation or state or in this case a city.
Property investors looking for locations to invest in know that human capital and demographic trends in ‘winning cities’ like Berlin are drivers of long-term growth.
In the online edition of ‘IPE – Investment and Pensions Europe’ 15 March 2017, bwe can read that; ‚Human capital‘ will fuel the growth of Berlin’s real estate sector over the next 10 years, according to a white paper by LaSalle Investment Management.
‚Investment and Pensions Europe‘ or ‚IPE ‚- is an authoritative European publication for institutional investors and those running pension funds.
The online article further pointed out that; ‚According to the ‘LaSalle European Human Capital Index’ (LEHCI), which was presented at the MIPIM conference in Cannes, identified cities with a concentration of human capital, or the capacity of the population to drive economic growth through productivity.‘
MIPIM is an annual 4-day real estate exhibition, conference and networking event which was held this year in Cannes, France.
The index judged various cities on knowledge, talents, skills, abilities, experience, intelligence, training and investments, highlighted Berlin as a city set for notable growth over the next 10 years in its human capital stock due to its innovation district.
We already know that Berlin is one of the most ‘livable’ cities in the world to live and work in and we have highlighted before on this blog how Berlin is a unique property investment opportunity in 2017.