Barcelona, fifth european city more attractive to invest in

According to the last Ernst & Young (E&Y) report, one of the biggest service providers in the world, Barcelona has reached in 2016 to the fifth most attractive city for foreign investors in Europe.

The survey, which values the ability to attract foreign investments in all economic sectors in the city, defines Barcelona as a privileged location, merely behind capitals such as London, Berlin, Paris or Amsterdam.   

Moreover, Catalonia attracted 2,78%  more in investment to reach 111 projects last year. Thus, the región monopolized more tan 40% of the investments made in Spain.

The real estate market in Barcelona was, eventually, one of the main investment sources. As Expansion published, more than 2.000 million euros were assigned to invest in these market, an increasing of 43% related to the year before.

Source: E&Y 

Barcelona takes advantage to become a hub for South American flights

Barcelona keeps moving forward in order to become a reference  of hub in oceanic operations. To airport terms – in English means literally a ‘cube’, the concept refers to an airport where one or more companies have their own flight connection.

The Catalan capital aims to consolidate itself as the main South American hub in southern Europe. Thus, since 2011, when AerolineasArgentinas decided to take investment on Barcelona, flights between Barcelona and South America have increased by 12%. Actually, the Argentine company, in middle April, decided to increase its presence in the airport of Barcelona with another weekly flight.

Highly nonsensical growth

The Barcelona airport has been growing in recent years at an incredible rate. Furthermore, last year the number of passengers who landed at the Barcelona airport facilities increased by 6.9%. Likewise, the number of operations carried out at the airport has also raised up, with an increase of more than 4% per year.

Therefore, many companies have decided to bet on Barcelona as their main distribution center for flights in Europe. For instance, the last who has moved to Barcelona was Norwegian Airlines. The Danish company has expanded its base of operations in southern Europe, moving to an old control tower. Thus, the opening will give 69 jobs and add four more aircrafts in order to connect Barcelona with Los Angeles, San Francisco, New York and Miami.

Source: ElPeriódico