Munich as a business location.

City of Munich
Department of Labor and
Economic Development
Munich as a business location.
Facts and Figures
2015
City of Munich
Department of Labor and
Economic Development
Herzog-Wilhelm-Strasse 15
80331 München
Germany
Economic data
Phone ++49 89 233-25325
Economic development
Phone ++49 89 233-24782
www.wirtschaft-muenchen.de
www.business-munich.de
Munich as a business location.
Facts and figures
Published by the Department of Labor and Economic Development, February 2015, Vol. No. 290
2015
Dear Reader,
The facts and figures presented in this brochure give you an updated
overview of the many and varied aspects of the economy in and around
Munich.
The numbers, tables and diagrams highlight the Bavarian capital’s status
as a business location the huge potential – witness the impressive labor
market and employment figures, as well as the data for key high-tech
industries and clusters. Munich’s success is rooted in the singular diversity of its economic structure. Important players range from established
global brands to start-ups in every industry from information and communication to automotive engineering to biotechnology and pharmaceuticals. Numbers for the city’s cultural and creative industries are also
presented. Regarded as an engine for other economic sectors, this industry has a positive and formative influence on Munich’s future. The whole,
colorful spectrum of Munich’s economic structure is reflected in a list of
selected companies that have a footprint in the region.
Alongside key economic data, the brochure also documents typical
strengths such as Munich’s standing as a venue for higher education and
science, as well as its popularity as a tourist destination. Data for trade
fair operator Messe München, the city’s airport and the local passenger
transport utility testify to the powerful capabilities of local government
services and affiliated companies. Facts about the development of
Munich’s office property market, major projects in the pipeline and
construction planning add the finishing touches.
Josef Schmid
Deputy Mayor and
Head of the Department of Labor and Economic Development
2
Munich as a business location – Department of Labor and Economic Development
Contents
How Munich ranks compared to other cities
3
Economic development in Munich
4
Economic development in the Munich Metropolitan Region
5
Employment in Munich 6
Sectors and clusters in Munich 8
Selected companies in the Munich region 12
Munich as a hub of knowledge 14
Local government finance 15
Real estate in Munich 16
Munich’s infrastructure
18
The Munich economic region
Munich commands top rankings in comparison with other German and international cities.
How Munich ranks compared to other cities
Institute and customer
Sample
Ranking based on
“City Rankings 2014”
IW Consult, commissioned by
Wirtschaftswoche and
Immobilienscout 24 (12/2014)
69 large
German cities
Assessment of the level and
dynamism of economic development and prosperity based
on economic and structural
indicators
“European Regional Economic
Growth Index – E-REGI 2014”
LaSalle Investment Management
(10/2014)
294 regions in
32 European
countries
Identification of those regions/
cities with the greatest short- to
medium-term development
potential based on economic
and structural indicators
“Mercer Quality of Living Ranking 2014”
Mercer – global management consultant
(6/2014)
223 cities
worldwide
Assessment of quality of life
based on political, social,
economic and environmental
considerations
“Prognos Future Atlas 2013 – Germany’s
Regions Compete for the Future”
Prognos in cooperation with Handelsblatt
(11/2013)
402 administrative districts
in Germany
Assessment of the economic
situation and development in
rural and urban administrative
districts in terms of demographics, the labor market, competition, innovation, prosperity
and social conditions
Munich as a business location – Department of Labor and Economic Development
Position
First place for the
City of Munich
Sixth place for the
City of Munich
Fourth place for the
City of Munich
First place for the
administrative
district of Munich
Second place for
the City of Munich
3
Economic development in Munich
Economic productivity is high in Munich, which also has the highest purchasing power
of any large German city.
Munich’s gross
domestic product
(GDP)
20002005 2010 20112012
GDP in € billion (at current prices in each year)
63.36 67.8775.8880.8283.46
Population and
share of GDP
Population
(2013)
Bavaria
12 604 244 GDP in € million (2012)
GDP per gainfully
employed person in € (2012)
473 568
68 066
Munich region
2 768 488
139 964
82 051
City of Munich
1 407 836
83 461
82 728
Outlying districts
1 360 652
56 503
81 070
Munich region = City of Munich and its outlying districts
Munich’s share
of Bavaria’s GDP
Munich’s share
of Bavaria’s population
17.6 % City of Munich
11.2% City of Munich
11.9 %Outlying
districts
10.8 %Outlying
districts
70.5%Bavaria (excluding
the Munich region)
78.0 %Bavaria (excluding
the Munich region)
Source: Bavarian Office of Statistics and Data Processing
Per capita purchasing
power in 2014
in €
19 023
Berlin
Stuttgart
22 656
Hamburg
22 833
23 124
Cologne
23 836
Frankfurt/Main
29 689
Munich
23 411
Bavaria
20 000
15 000
10 000
5 000
0
25 000
21 441
Germany
Source: Axciom Deutschland GmbH
4
Munich as a business location – Department of Labor and Economic Development
Economic development in the Munich Metropolitan Region
A diverse structure of industry and healthy dynamism combine to make the Munich Metropolitan
Region one of the leading economic regions in Europe.
Population in 2013 (millions)
Germany
Munich
Bavaria Metropolitan Region
80.8
12.6
5.8
357 100
70 550
25 548
GDP in 2012 (in € billion)
2 645
473.6
247.8
Employees registered
for social security in 2013 (millions)
29.624.95
Surface area (in km2) Unemployment rate in 2013 (in %) 6.9
3.8
2.34
3.6
Source: Bavarian Office of Statistics and Data Processing, Federal Statistical Office
N
Source: Munich Metropolitan Region (EMM e.V.)
Munich as a business location – Department of Labor and Economic Development
5
Employment in Munich
A balanced economic and employment structure is one of Munich’s most valuable assets.
Distribution of
employment
in 2014
Employees registered
for social security
5.6 %Other public and
private services
0.1 %Agriculture, forestry, mining
11.2 %Healthcare and
social sector
12.4 %Manufacturing
3.5 %Education
and teaching
4.1 %Construction, energy
and water supply
4.8 %Public
administration
24.5 %Property, consultancy,
business services
7.6 %Financial and insurance services
18.2 %Retail, catering,
transportation
8.0 % Information and communication
Number of employees registered for social security in 2014
Agriculture, forestry, mining
Manufacturing
96 050
Construction, energy and water supply
31 817
Retail, catering, transportation
141 019
Information and communication
62 339
Financial and insurance services
59 044
Property, consultancy, business services
189 870
Public administration
37 455
Education and teaching
27 411
Healthcare and social sector
87 081
Other public and private services
43 793
Total
776 405
Source: Federal Employment Agency
6
526
Munich as a business location – Department of Labor and Economic Development
Employment in Munich
Employment is growing primarily in the service sector.
2010
2014
Increase
74 862
87 081
16.3%
155 430
189 870
22.2%
Corporate management and administration,
management consultancy
33 280
41 621
25.1%
Architects, consulting engineers and laboratories
16 769
24 677
47.2%
Legal and taxation consultancy, auditing
21 115
24 397
15.5%
Information technology services
25 413
35 950
41.5%
694 459
776 405
11.8%
Healthcare and social services
Business services
Total employment
2013Germany
3.8%
Munich
Employees registered
for social security
Unemployment
rates in Germany,
Bavaria and Munich
6.9%
Bavaria
Employment in
selected growth
sectors
4.8%
Annual averages
2014Germany
6.7%
Bavaria
Number of people
out of work in 2014
Germany: 2 898 388
Bavaria: 264 603
Munich: 45 947
3.8%
Munich
8 %
6 %
4 %
2 %
0 %
4.8%
11.1%
Berlin
9.6%
Cologne
7.6%
Hamburg
Unemployment
rates in German
cities in 2014
Annual averages
Berlin
Frankfurt/Main
Hamburg
Cologne
Munich
Stuttgart
202 928
26 810
76 663
53 054
45 947
24 819
12%
6 %
4.8%
4 %
Munich
2 %
4.8%
0 %
Stuttgart
10%
Frankfurt / Main
8 %
7.3%
Number of people
out of work in
German cities
in 2014
Source: Federal Employment Agency
Munich as a business location – Department of Labor and Economic Development
7
Sectors and clusters in Munich
Munich’s balanced economic structure includes a strong focus on exports
in the manufacturing industry.
Value added in the
individual sectors
in 2012
23.3%
€ 17 425 million
20.1 %
€ 15 007 million
Manufacturing
Public and private
sector services,
childcare and healthcare
35.8 %
€ 26 760 million
Finance, insurance,
business services,
property and housing
20.8 %
€ 15 497 million
Retail, catering,
transportation, information
and communication
Source: Bavarian Office of Statistics and Data Processing
Manufacturing
industry in Munich
in € million
2012 2013
Total turnover
43 810
45 374
Exports
31 348
33 610
71.6%
74.1%
Export rate
Manufacture of IT,
electronic and optical
products, 2013
Other automotive
engineering, 2013
Mechanical
engineering, 2013
3 017Total
turnover
3 173Total
turnover
1 776Total
turnover
2 360Exports
78.2% Export rate
2 365Exports
74.5% Export rate
1 125Exports
63.3% Export rate
Source: Bavarian Office of Statistics and Data Processing
8
Munich as a business location – Department of Labor and Economic Development
Sectors and clusters in Munich
Automotive engineering and biotechnology are two important high-tech industries.
Automotive engineering companies
386
Employees registered for social security in automotive engineering
128 500
Jobs in the automotive sector (including suppliers and service providers)
283 000
Employment
in automotive
engineering
110 %
Munich
105 %
Automotive
engineering
in 2012
Munich Metropolitan
Region
Upper Bavaria
(excluding Munich)
100 %
Germany
95 %
Automotive engineering
2012
2011
2010
2009
2008
90 %
2009
2010
2011
2012
62.3
75.9
77.1
80.3
Source: Automotive Engineering in the Munich Metropolitan Region in 2013
Number of
companies
Employees
Turnover
in € million
377
22 900
32 900
8 500
163
9 700
3 120
of which pharmaceuticals
30
6 500
3 850
of which contract research organizations
54
2 000
190
of which life science
companies
130
4 700
1 340
8
ca. 10 000
–
All companies
including research
of which biotechnology
of which research
organizations
Turnover
in automotive
engineering
in € billion
Biotechnology and
pharmaceuticals
in 2013
Munich Metropolitan
Region
Source: Biotechnology and pharmaceutical industries in the Munich Metropolitan Region (EMM) 2014
Munich as a business location – Department of Labor and Economic Development
9
Sectors and clusters in Munich
Further examples of forward-looking industries in Munich:
cultural and creative industries and the communication sector
Information and
communication
technology (ICT)
in 2013
Munich region
ICTMedia Total
Companies
Employees registered for social security
29 158
5 817
34 975
106 870
40 530
147 400
73.7
11.0
84.7
Turnover (in € million)
Employees registered
for social security in
the ICT sector
200820092010201120122013
City of Munich 87 726
87 247
78 894
83 881
85 631
88 627
Outlying districts
53 524
53 367
52 867
55 403
57 007
58 774
141 250
140 614
131 761
139 284
142 638
147 401
Total
Source: Munich as a venue for the information, communication and media sector in 2014
14 792
Turnover (in € million)
9 097
Gainfully employed persons
60 273
Employees registered for social security
45 481
16.2%
Film
8.8%
Books
Cultural and creative industries (total)
6.6%
20 %
6.8%
15 %
Music
10%
8.1%
Art
0 %
Turnover in
Munich’s creative
industries in 2010
as a percentage of
the corresponding
national segments
Number of companies
5 %
Cultural and
creative industries
in Munich in 2010
Source: Creative.Culture.Competence. Data report on the creative and cultural industries in the Munich
Metropolitan Region (EMM); 2nd sub-report on the creative and cultural industries in the City of Munich,
2012 (available in German only) 10
Munich as a business location – Department of Labor and Economic Development
Sectors and clusters in Munich
Tourism is a significant factor in Munich’s economy.
20092010201120122013
2014*
Arrivals (thousands)
4 950
5 573
5 931
6 133
6 303
6 541
Overnight stays (thousands) 9 850
11 096
11 738
12 366
12 895
13 338
Tourism
Arrivals
in thousands
6 500
6 000
5 500
5 000
2014*
2013
2012
2011
2010
2009
4 500
13 000
Overnight stays
in thousands
12 000
11 000
10 000
2014*
2013
2012
2011
2010
2009
9 000
* Extrapolated figures for 2014
19.1%
1.33 Mrd. €
Turnover resulting
from tourism in
Munich in 2013
Services
Total turnover
€ 6.9 billion
40.7%
2.82 Mrd. €
Retail
40.2%
2.79 Mrd. €
Hotels and catering
Source: City of Munich, Department of Labor and Economic Development, Munich Office of Tourism
Munich as a business location – Department of Labor and Economic Development
11
Selected companies in the Munich region
Manufacturing and high-tech industries
BAUER COMP Holding GmbH
BSH Bosch und Siemens Hausgeräte GmbH
DR. SCHNELL Chemie GmbH
Airbus Defence and Space GmbH
EPCOS AG
Freescale Halbleiter Deutschland GmbH
Freudenberg Chemical Specialities SE & Co. KG
Fujitsu Technology Solutions GmbH
GE Deutschland
Giesecke & Devrient GmbH
Gleason-Hurth Maschinen und Werkzeuge GmbH
HAWE Hydraulik SE
Hoffmann GmbH Qualitätswerkzeuge
Infineon Technologies AG
Intel GmbH
Knorr-Bremse AG
KraussMaffei Technologies GmbH
Krauss-Maffei Wegmann GmbH & Co. KG
LEGO GmbH
Linde Aktiengesellschaft
Maurer Söhne GmbH & Co. KG
MTU Aero Engines AG
Oerlikon Deutschland Vertriebs GmbH
OHB System AG
OSRAM Licht AG
P+Z Engineering GmbH
Philip Morris GmbH
Rodenstock GmbH
ROHDE & SCHWARZ GmbH & Co. KG
Siemens Aktiengesellschaft
Siltronic AG
SONA BLW Präzisionsschmiede GmbH
Spinner GmbH
Texas Instruments Deutschland GmbH
Thüga Aktiengesellschaft
VISPIRON ENGINEERING GmbH
Wacker Neuson SE
Automotive engineering
Balfour Beatty Rail GmbH
BMW – Bayerische Motoren Werke Aktiengesellschaft
Bertrandt Ingenieurbüro GmbH
Franz Xaver Meiller Fahrzeug- und Maschinenfabrik
GmbH & Co. KG
iwis Gruppe
MAN SE
Schleicher Fahrzeugteile GmbH & Co. KG
Semcon München GmbH
Webasto SE
Property/construction
Accumulata Immobilien AG
ARGENTA Internationale Anlagegesellschaft mbH
Bayerische Hausbau GmbH & Co. KG
DIBAG Industriebau AG
Drees & Sommer München
Hammer AG
HOCHTIEF Solutions AG
Investa Projektentwicklungs- und Verwaltungs GmbH
12
Leonhard Moll AG
STRABAG Grossprojekte GmbH
WÖHR + BAUER GmbH
Financial services
Allianz SE
Apax Partners Beteiligungsberatung GmbH
AXA Konzern AG
Bayerische Börse Aktiengesellschaft
Bayerische Landesbank
CACEIS Bank Deutschland GmbH
Continentale Lebensversicherung AG
DAB Bank AG
D.A.S. Deutscher Automobil Schutz Allgemeine
Rechtsschutz-Versicherungs-AG
Deutsche Pfandbriefbank AG
Generali Versicherung AG
Interhyp AG
KGAL GmbH & Co. KG
Lebensversicherung von 1871 a. G. München
LfA FÖRDERBANK BAYERN
MEAG MUNICH ERGO AssetManagement GmbH
Merck Finck & Co oHG Privatbankiers
Münchener Hypothekenbank eG
Münchner Bank eG
Munich Re – Münchener RückversicherungsGesellschaft Aktiengesellschaft in München
Sparda-Bank München eG
Stadtsparkasse München
State Street Bank GmbH
Swiss Life AG
Swiss Re Europe S.A. Niederlassung Deutschland
UniCredit Bank AG
Versicherungskammer Bayern
WWK Lebensversicherung auf Gegenseitigkeit
Life sciences
Actavis Deutschland GmbH & Co. KG
Agfa-Gevaert HealthCare GmbH
Amgen GmbH
Arthrex GmbH
Astellas Pharma GmbH
Bavarian Nordic GmbH
Baxter Deutschland GmbH
bene-Arzneimittel GmbH
Bio-Rad Laboratories GmbH
Brainlab AG
Bristol-Myers Squibb GmbH & Co. KGaA
Daiichi Sankyo Europe GmbH
GE Healthcare Deutschland
GlaxoSmithKline GmbH & Co. KG
Hexal AG
Medigene AG
MorphoSys AG
MSD SHARP & DOHME GMBH
Novartis Consumer Health GmbH
Roche Diagnostics GmbH
Sandoz Pharmaceuticals GmbH
Sorin Group Deutschland GmbH
Temmler Werke GmbH München
Wacker Chemie AG
Munich as a business location – Department of Labor and Economic Development
Information and communication technology
Apple GmbH
Atos IT Solutions and Services GmbH
Autodesk GmbH
Avnet Holding Germany GmbH
BRAIN FORCE Software GmbH
British Telecom – BT (Germany) GmbH & Co. oHG
Cisco Systems GmbH
Comarch Software und Beratung AG
Deutsche Telekom AG
Gigaset AG
Google Germany GmbH
Huawei Technologies Service GmbH
IBM Deutschland GmbH
Ingram Micro Distribution GmbH
Microsoft Deutschland GmbH
M-net Telekommunikations GmbH
National Instruments Germany GmbH
NEMETSCHEK AG
Nokia Solutions and Networks GmbH & Co. KG
NTT DATA Deutschland GmbH
Open Text
ORACLE Deutschland B.V.& Co. KG
SAP Deutschland AG & Co. KG
Sony Mobile Communications International AB
Tech Data GmbH & Co. oHG
Telefonica Germany GmbH & Co. OHG
telegate AG
Travian Games GmbH
Vodafone GmbH, Region Süd
Yahoo! Deutschland Services GmbH
Media
ABENDZEITUNG München Verlags-GmbH
Arnold & Richter Cine Technik GmbH & Co. Betriebs KG
Bavaria Film GmbH
Bayerischer Rundfunk
Carl Hanser Verlag GmbH & Co. KG
Constantin Medien AG
Das Erste Programmdirektion
Erstes Deutsches Fernsehen
Deutscher Taschenbuch Verlag GmbH & Co. KG
GRÄFE UND UNZER VERLAG GmbH
Gruner + Jahr AG & Co KG Verlagsgruppe München
H. Hugendubel GmbH & Co. KG
Hubert Burda Media Holding Kommanditgesellschaft
IDG Communications Media AG
Kabel Deutschland Holding AG
Langenscheidt GmbH & Co. KG, München
Münchener Zeitungs-Verlag GmbH & Co. KG
ProSiebenSat.1 Media AG
RTL 2 Fernsehen GmbH & Co. KG
Sky Deutschland AG
Sony Music Entertainment Germany GmbH
Springer Fachmedien München GmbH
Süddeutscher Verlag GmbH
The Walt Disney Company (Germany) GmbH
VERLAG C. H. BECK oHG
Verlagsgruppe Random House GmbH
Food
Alois Dallmayr KG
Augustiner-Bräu Wagner KG
Burger King Beteiligungs GmbH
DANONE GmbH
Develey Senf & Feinkost GmbH
Feinkost Käfer GmbH
Hacker-Pschorr Bräu GmbH
Josef Bernbacher & Sohn GmbH & Co. KG
Löwenbräu AG
Ludwig Stocker Hofpfisterei GmbH
McDonald´s Deutschland Inc.
Mondelez Deutschland GmbH
Paulaner Brauerei GmbH & Co KG
Red Bull Deutschland GmbH
Max Rischart’s Backhaus KG
Spaten-Franziskaner-Bräu GmbH
Staatliches Hofbräuhaus in München
Starbucks Coffee Deutschland GmbH
vinzenzmurr Vertriebs GmbH
Wrigley GmbH
Fashion and lifestyle
ESCADA Online GmbH
Estée Lauder Companies GmbH
Etienne Aigner AG
LODEN-FREY Verkaufshaus GmbH & Co. KG
Königliche Porzellan-Manufaktur Nymphenburg
GmbH & Co. KG
Louis Vuitton Deutschland GmbH
Mary Kay Cosmetics GmbH
März München GmbH & Co. KG
Ludwig Maul GmbH & Co. KG
Oui Gruppe GmbH & Co. KG
Roeckl Handschuhe & Accessoires GmbH & Co. KG
Triumph International AG
Willy Bogner GmbH & Co. KGaA
Other service providers
Accenture GmbH
ADAC e.V.
Amazon.de GmbH
Bain & Company Germany, Inc.
Bayerngas GmbH
BayWa AG
BRUNATA Wärmemesser GmbH & Co. KG
Capgemini Deutschland GmbH
Deloitte & Touche GmbH
Wirtschaftsprüfungsgesellschaft
Dr. Sasse AG
Edenred Deutschland GmbH
Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft
FTI Touristik GmbH
Jochen Schweizer GmbH
KPMG AG Wirtschaftsprüfungsgesellschaft
MAHAG Automobilhandel und Service
GmbH & Co. oHG
McKinsey & Company, Inc.
Motel One Group
PAYBACK GmbH
PricewaterhouseCoopers AG
Wirtschaftsprüfungsgesellschaft
Roland Berger Strategy Consultants Holding GmbH
Sana Kliniken AG
Serviceplan Gruppe für innovative Kommunikation
GmbH & Co. KG
SBK Siemens-Betriebskrankenkasse
SIXT SE
Stadtwerke München GmbH
Studiosus Reisen München GmbH
The Boston Consulting Group GmbH
TNS Deutschland GmbH
TÜV Süd AG
Munich as a business location – Department of Labor and Economic Development
Companies
in Munich
0 158
2
business
registrations (2014)
6 150
9
companies in
Munich (2012)
13
Munich as a hub of knowledge
Munich is Germany’s second-biggest university city.
Students at
Munich’s universities
in the winter
2013/2014 semester
47 959Ludwig-Maximilians-Universität
München (LMU)
35 761 Technische Universität München (TUM)
111 855 students in
Munich, of whom
17 661 (15.8 %) were
foreign students
17 710
University of Applied Sciences Munich
  2 806University of the Federal Armed Forces
 7 619Other universities
Source: Bavarian Office of Statistics
and Data Processing
Institutes of higher education and selected non-university research institutions
Macromedia University for Media and
Communication (MHMK)
Catholic University of Applied Sciences
Max Planck Society
Deutsches Museum
Munich Academy of the Fine Arts
FOM University of Applied Sciences
Munich Business School
Fraunhofer Society
Munich School of Philosophy
Fresenius University, Munich department
Munich School of Political Science
Goethe Institute
Munich University of Music and Theater
HDBW Bavarian Business Academy, Munich
Munich University of Television and Film (HFF)
Helmholtz Center Munich
Munich University of the Federal Armed Forces
ifo Institute for Economic Research
Technische Universität München (TUM)
Institute of Contemporary History (IfZ)
University of Applied Languages (SDI) Munich
Ludwig-Maximilians-Universität Munich (LMU)
University of Applied Sciences Munich
28.5%
Munich
26.9%
Stuttgart
24.0%
Frankfurt / Main
21.2%
Berlin
20.2%
Cologne
15 %
13.8%
10 %
Germany
5 %
13.9%
0 %
Bavaria
Source: Federal Employment Agency
14
Munich as a business location – Department of Labor and Economic Development
25%
19.6%
Hamburg
20 %
University graduates
in 2014
Percentage of all
employees registered
for social security
who are university
graduates
Bavarian Academy of Sciences and Humanities
(BAdW)
Local government finance
Heavy investment and systematic debt reduction are characteristic features
of Munich’s local government budget policy.
Assets
Liabilities
1. Fixed assets
19 772
2. Current assets
1 266
3. Accruals
94
4. Dependent foundations
294
1. Equity
11 649
2. Special items
2 301
3. Reserves
5 094
4. Accounts payable
2 038
5. Deferrals
50
6. Dependent foundations
Total assets
21 426
Balance sheet for
the City of Munich
on January 1, 2014
in € million
294
Bilanzsumme
21 426
30.6 % € 1 220 million
31.3 % € 1 246 million
Other capital expenditures
Schools, child day care
and nurseries
Planned local
government
investments,
2014 – 2018
Total investment:
€ 3 985 million
excluding the
repatriation of capital
to Stadtwerke
München
(€ 4 667 million,
including a one-time
effect relating to
SWM)
14.5 % € 577 million
6.0 %
€ 240 million
Road and bridge
construction
Municipal hospital
1.9 % € 75 million
15.7 %
€ 627 million Culture
Housing construction
3 335
2006
2 905
2007
2008
2 306
2009
2 306
The City of
Munich’s local
government debt
in € million
2 223
2010
1 673
2011
1 361
2012
968
2013
3 500
3 000
2 500
2 000
1 500
500
0
1 000
908
2014
2006 – 2013: Actual debt figures, 2014: 2nd budget amendment
Source: City of Munich, City Treasury
Munich as a business location – Department of Labor and Economic Development
15
Real estate in Munich
High office turnover rates and a low vacancy rate are compelling arguments
for Munich’s office market.
Office space turnover
in m2
Average rents for
office space
in € / m2
Berlin
Frankfurt / Main
Hamburg
Cologne
Munich
Stuttgart
2013
553 900
449 500
440 000
272 000
594 700
258 300
2014
701 300
367 500
525 000
269 000
620 900
278 900
Berlin
Frankfurt / Main
Hamburg
Cologne
Munich
Stuttgart
2013
13.00
18.50
14.00
11.90 15.3012.00
2014
13.70
19.50
14.50
11.50 14.9012.60
Vacant office space
in thousands of m²
1 090.0
925.0
Berlin
1 606.3
1 454.5
Frankfurt / Main
932.0
798.4
Hamburg
562.0
552.0
Cologne
1 392.2
2013
2014
1 156.5
Munich
364.8
2013
2014
Office vacancy rates
1 500
500
0
1 000
314.2
Stuttgart
6.0%
5.0%
Berlin
13.7%
12.5%
Frankfurt / Main
7.0%
6.0%
Hamburg
7.6%
7.2%
Cologne
6.1%
2013
2014
5.1%
Munich
4.9%
2013
2014
Source: Colliers International Deutschland
16
Munich as a business location – Department of Labor and Economic Development
15%
10%
0%
5%
4.2%
Stuttgart
Real estate in Munich
Major construction projects and plans, 2015 – 2016
N
Focus on living space
Focus on working space
Mixed usages
Status: January 2015
Planning permission granted/projects partially completed (approx. floor space in thousands of m2)
LivingWorking
SpaceSpace
1 Am Westpark, former ADAC site
37
2 Central railway-owned space – Birketweg plot
237
3 Central railway-owned space – Pasing plot
72
4 Neuaubing railway repair works, “Triebwerk”
5 Freiham south
10
6Aubing-Ost-Strasse
55
7 Georg-Brauchle-Ring, “M-Campus”
8 Am Oberwiesenfeld
37
9 Knorr-Bremse, Schittgablerstrasse
10 Funkkaserne military barracks
157
11 Leopoldstrasse/Johann-Fichte-Strasse “Schwabinger Tor”
27
12 Prinz-Eugen military barracks
191
13 Messestadt Riem “Lakeside Offices”
14 Messestadt Riem, 4th phase of housing development
80
15 Baumkirchner Strasse
51
16 Carl-Wery-Strasse “Perlacher Tor”
28
17Hochäckerstrasse
116
18 Agfa site
90
19 Baierbrunner Strasse east “South Side”
96
20 Central railway-owned space, Paul-Gerhardt-Allee
220
21 Gerberau 26
22 Meiller, Moosach 54
Status: January 2015
Source: Department of Urban Planning and Building Regulation
217
97
103
446
74
2
176
18
62
5
134
31
76
48
38
28
4
12
Urban development planning in progress (approx. floor space in thousands of m2)
LivingWorking
SpaceSpace
23 Neuaubing railway sidings
45
24 Freiham north, 1st phase of development
361
25 “Aubing Central”, former Telekom site
38
26 Georg-Brauchle-Ring, north Munich gas utility
45
27 Parkstadt Schwabing, Lilly-Reich-Strasse
80
28 Freimann railway repair works (campus)
29Hanns-Seidel-Platz
38
30 Vogelweideplatz “Bogenhausener Tor”
31 “Werksviertel”near Ostbahnhof station
122
32 McGraw site
15
33 Paulaner site
137
34 Osram site
34
35 Drygalski-Allee E.ON site
105
36 Zschokkestrasse 47
37 Dornier site
32
38Henschelstrasse
42
Other projects and plans
(approx. scope in hectares)
18
18
50
47
108
270
11
6
14
8
2
Planned scope
39 “Alte Akademie”
40 Diamalt site
41Dachauerstrasse/Schwere-Reiter-Strasse
42 Kronprinz Ruppert military barracks, Virginia depot
43 Bayern military barracks
44 Messestadt Riem,Technology Park West 45 Messestadt Riem, 5th phase of housing development, Kirchtrudering
46Friedrich-Creuzer-Strasse
47 Siemens campus
48Ratzingerplatz
Munich as a business location – Department of Labor and Economic Development
5
169
1.8
8.4
15.1
43.4
48.3
8.4
15.9
12.8
11.4
13.2
17
Munich’s infrastructure
Munich’s trade fair company is one of the world’s leading trade fair organizers.
Munich trade fair
company
2009 2010 2011 201220132014
Trade fairs and exhibitions
25 22 18 151613
Guest shows
270241254230203202
No. of exhibitors (thousands)
32.9 37.9 31.4 35.036.432.8
No. of visitors (hundred thousands)
18.023.617.517.8
23.017.9
40
35
30
20
Munich trade fairs
with top visitor rates
in 2014
2014
World’s leading trade fair for water, sewage,
waste and raw materials management 135 288 visitors
IHM
Premier international skilled crafts trade fair,
featuring the “Munich Garden” fair 128 918 visitors
Heim + HandwerkBuilding, furnishing and living, including “Food & Life” 123 000 visitors
Ifat
F.re.e Travel and leisure trade fair Ispo Munich
The world’s leading sports business platform
81 032 visitors
Electronica
World’s leading trade fair for electronic components,
systems and applications 73 189 visitors
Interforst International key trade fair for forestry and forest
technology with scientific conferences and special shows 48 879 visitors
Expo Real
International trade fair for property and investment
34 189 visitors
Source: Messe München
18
2013
2012
2011
15
2009
No. of visitors
(hundred
thousands)
25
2010
No. of
exhibitors
(thousands)
Munich as a business location – Department of Labor and Economic Development
113 687 visitors
Munich’s infrastructure
Munich Airport – seven-time winner of the „Best European Airport“ award.
2009 2010 2011 2012 20132014
Passengers (millions)
32.734.7 37.838.438.7
39.7
Take-offs/landings
and passenger
volume at Munich
Airport
Take-offs/landings (thousands)397390410398382
377
Number of
passengers passing
through Munich
Airport
millions
41
38
35
32
29
2014
2013
2012
2011
2010
2009
26
Take-offs and
landings at Munich
Airport
thousands
425
400
375
350
325
2014
2013
2012
2011
2010
2009
300
Source: Flughafen München GmbH
58.0
59.6
Frankfurt / Main
38.7
Passenger volumes
at selected German
airports
millions
39.7
Munich
26.3
2013
2014
28.0
Berlin
21.2
2013
2014
21.9
Düsseldorf
13.5
60
50
40
30
10
0
20
14.8
Hamburg
Source: German Airports Association (ADV)
Munich as a business location – Department of Labor and Economic Development
19
Munich’s infrastructure
Munich Airport is one of Europe’s biggest aviation hubs. A recent study found that, out of
Germany’s seven largest cities, munich has the best local public transport offering.
Major European flight
connections within a
two-hour radius
Copenhagen 1:35
Hamburg 1:15
Berlin 1:10
Amsterdam 1:35
Frankfurt/
Main 1:05
Warsaw 1:30
Brussels 1:20
Prague 0:55
Krakow 1:25
Luxembourg 1:05
Paris 1:35
Vienna 1:00
Zurich
0:55
Budapest 1:15
Lyon 1:20
Geneva 1:10
Toulouse 1:50
Milan
1:05
Ljubljana
Belgrade 1:25
0:50
Zagreb Sarajevo 1:25
1:05
Marseille 1:40
Rome 1:30
Naples 1:40
Tirana 1:45
Source: Flughafen München GmbH
Munich’s local
public transport
network in numbers
Services provided
by public transport
utility MVG
Inhabitants in catchment area
1.53 million
Size of catchment area
436 km2
Total subway lines operated
95 km
Total tram lines operated
79 km
Total bus lines operated
462 km
Total passengers carried in 2013
544 million
Total subway passengers carried in 2013
384 million
Total tram passengers carried in 2013
105 million
Total bus passengers carried in 2013
184 million
Total seat kilometers
13 349 million
Total subway seat kilometers
9 347 million
Total tram seat kilometers
1 347 million
Total bus seat kilometers
2 655 million
Departures from stops/stations per day
302 000
Source: Münchner Verkehrsgesellschaft mbH, 2014
20
Munich as a business location – Department of Labor and Economic Development
Published by:
City of Munich
Department of Labor and
Economic Development
Herzog-Wilhelm-Str. 15
80331 München
Germany
Editor:
Eva Schweigard
Phone ++49 89 233-25325
[email protected]
Design:
QS2M
Quass Sigl Maurer Werbeagentur
GmbH
Printing:
Baur-Typoform GmbH,
Keltern-Dietlingen
Printed on paper made from certified
wood from controlled sources and
from recycled materials
Munich, February 2015
Picture credits on cover page:
High-performance
transportation systems for
a growing agglomeration:
Munich subway, type C train
(Photo: Kerstin Groh, MVG)
Stachus, the western gateway
to the city center
(Photo: Kerstin Groh, MVG)
Fiber-optic technology for
high-speed communication
in Munich
(Photo: SWM Stadtwerke
München GmbH)