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 2015
Published by the Department of Labor and Economic Development, February 2015, Vol. No. 290 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 diver- sity of its economic structure. Important players range from established global brands to start-ups in every industry from information and com- munication to automotive engineering to biotechnology and pharma- ceuticals. Numbers for the city’s cultural and creative industries are also presented. Regarded as an engine for other economic sectors, this indus- try 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 Position
“City Rankings 2014” 69 large Assessment of the level and First place for the IW Consult, commissioned by German cities dynamism of economic devel- City of Munich Wirtschaftswoche and opment and prosperity based Immobilienscout 24 (12/2014) on economic and structural indicators
“European Regional Economic 294 regions in Identification of those regions/ Sixth place for the Growth Index – E-REGI 2014” 32 European cities with the greatest short- to City of Munich LaSalle Investment Management countries medium-term development (10/2014) potential based on economic and structural indicators
“Mercer Quality of Living Ranking 2014” 223 cities Assessment of quality of life Fourth place for the Mercer – global management consultant worldwide based on political, social, City of Munich (6/2014) economic and environmental considerations
“Prognos Future Atlas 2013 – Germany’s 402 adminis- Assessment of the economic First place for the Regions Compete for the Future” trative districts situation and development in administrative Prognos in cooperation with Handelsblatt in Germany rural and urban administrative district of Munich (11/2013) districts in terms of demograph- Second place for ics, the labor market, competi- the City of Munich tion, innovation, prosperity and social conditions
Munich as a business location – Department of Labor and Economic Development 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 2000 2005 2010 2011 2012 domestic product (GDP) GDP in € billion (at current prices in each year) 63.36 67.87 75.88 80.82 83.46
Population and Population GDP GDP per gainfully share of GDP (2013) in € million (2012) employed person in € (2012)
Bavaria 12 604 244 473 568 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 Munich’s share of Bavaria’s GDP of Bavaria’s population
17.6 % City of Munich 11.2% City of Munich
11.9 % Outlying 10.8 % Outlying districts districts
70.5% Bavaria (excluding 78.0 % Bavaria (excluding the Munich region) the Munich region)
Source: Bavarian Office of Statistics and Data Processing
Per capita purchasing Berlin 19 023 power in 2014 in € Stuttgart 22 656
Hamburg 22 833
Cologne 23 124
Frankfurt/Main 23 836
Munich 29 689
Bavaria 23 411
Germany 21 441 0 000 5 000 10 000 15 20 000 25 000
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.
Munich Germany Bavaria Metropolitan Region
Population in 2013 (millions) 80.8 12.6 5.8
Surface area (in km2) 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) 29.62 4.95 2.34
Unemployment rate in 2013 (in %) 6.9 3.8 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 5.6 % Other public and 0.1 % Agriculture, forestry, mining employment private services in 2014
Employees registered 11.2 % Healthcare and 12.4 % Manufacturing for social security social sector
3.5 % Education 4.1 % Construction, energy and teaching and water supply
4.8 % Public administration
18.2 % Retail, catering, transportation 24.5 % Property, consultancy, business services
7.6 % Financial and insurance services 8.0 % Information and communication
Number of employees registered for social security in 2014
Agriculture, forestry, mining 526
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 Munich as a business location – Department of Labor and Economic Development Employment in Munich Employment is growing primarily in the service sector.
Employment in 2010 2014 Increase selected growth Healthcare and social services 74 862 87 081 16.3% sectors Business services 155 430 189 870 22.2% Employees registered Corporate management and administration, 33 280 41 621 25.1% for social security management consultancy 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% Total employment 694 459 776 405 11.8%
Unemployment 2013 Germany 6.9% rates in Germany, Bavaria 3.8% Bavaria and Munich
Munich 4.8% Annual averages 2014 Germany 6.7% Number of people Bavaria 3.8% out of work in 2014 Munich 4.8% Germany: 2 898 388 Bavaria: 264 603 Munich: 45 947 0 % 2 % 4 % 6 % 8 %
Unemployment Berlin 11.1% rates in German Cologne 9.6% cities in 2014
Hamburg 7.6% Annual averages Frankfurt / Main 7.3%
Stuttgart 4.8%
Munich 4.8% 0 % 2 % 4 % 6 % 8 % 10% 12%
Number of people Berlin Frankfurt/Main Hamburg Cologne Munich Stuttgart out of work in 202 928 26 810 76 663 53 054 45 947 24 819 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 23.3% individual sectors 20.1 % € 17 425 million in 2012 € 15 007 million Manufacturing Public and private sector services, childcare and healthcare
35.8 % € 26 760 million Finance, insurance, business services, 20.8 % property and housing € 15 497 million Retail, catering, transportation, information and communication
Source: Bavarian Office of Statistics and Data Processing
Manufacturing 2012 2013 industry in Munich in € million Total turnover 43 810 45 374
Exports 31 348 33 610
Export rate 71.6% 74.1%
Manufacture of IT, Other automotive Mechanical electronic and optical engineering, 2013 engineering, 2013 products, 2013
3 017 Total 3 173 Total 1 776 Total turnover turnover turnover
2 360 Exports 2 365 Exports 1 125 Exports 78.2% Export rate 74.5% Export rate 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 Automotive engineering companies 386 in 2012 Munich Metropolitan Employees registered for social security in automotive engineering 128 500 Region Jobs in the automotive sector (including suppliers and service providers) 283 000
Employment 110 % in automotive Munich engineering 105 % Upper Bavaria (excluding Munich) 100 % Germany
95 %
90 % 2008 2009 2010 2 011 2012
Turnover 2009 2010 2011 2012 in automotive Automotive engineering 62.3 75.9 77.1 80.3 engineering in € billion Source: Automotive Engineering in the Munich Metropolitan Region in 2013
Biotechnology and Number of Employees Turnover pharmaceuticals companies in € million in 2013 All companies 377 22 900 8 500 Munich Metropolitan including research 32 900 Region
of which biotechnology 163 9 700 3 120
of which pharmaceuticals 30 6 500 3 850
of which contract re- 54 2 000 190 search organizations
of which life science 130 4 700 1 340 companies
of which research 8 ca. 10 000 – organizations
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 ICT Media Total communication technology (ICT) Companies 29 158 5 817 34 975 in 2013 Employees registered for social security 106 870 40 530 147 400 Munich region Turnover (in € million) 73.7 11.0 84.7
Employees registered 2008 2009 2010 2011 2012 2013 for social security in the ICT sector 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
Total 141 250 140 614 131 761 139 284 142 638 147 401
Source: Munich as a venue for the information, communication and media sector in 2014
Cultural and creative industries in Munich in 2010 Number of companies 14 792
Turnover (in € million) 9 097
Gainfully employed persons 60 273
Employees registered for social security 45 481
Turnover in Film 16.2% Munich’s creative industries in 2010 Books 8.8% as a percentage of Art 8.1% the corresponding national segments Music 6.8%
Cultural and creative industries (total) 6.6% % 0 % 5 % 10% 15 20 %
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.
Tourism 2009 2010 2011 2012 2013 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
6 500 Arrivals in thousands
6 000
5 500
5 000
4 500 2009 2 011 2012 2013 2014* 2010
13 000 Overnight stays in thousands
12 000
11 000
10 000
9 000 2009 2 011 2012 2013 2014* 2010
* Extrapolated figures for 2014
Turnover resulting 19.1% from tourism in 1.33 Mrd. € 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 Leonhard Moll AG
STRABAG Grossprojekte GmbH BAUER COMP Holding GmbH WÖHR + BAUER GmbH BSH Bosch und Siemens Hausgeräte GmbH
DR. SCHNELL Chemie GmbH Financial services Airbus Defence and Space GmbH EPCOS AG Allianz SE Freescale Halbleiter Deutschland GmbH Apax Partners Beteiligungsberatung GmbH Freudenberg Chemical Specialities SE & Co. KG AXA Konzern AG Fujitsu Technology Solutions GmbH Bayerische Börse Aktiengesellschaft GE Deutschland Bayerische Landesbank Giesecke & Devrient GmbH CACEIS Bank Deutschland GmbH Gleason-Hurth Maschinen und Werkzeuge GmbH Continentale Lebensversicherung AG HAWE Hydraulik SE DAB Bank AG Hoffmann GmbH Qualitätswerkzeuge D.A.S. Deutscher Automobil Schutz Allgemeine Infineon Technologies AG Rechtsschutz-Versicherungs-AG Intel GmbH Deutsche Pfandbriefbank AG Knorr-Bremse AG Generali Versicherung AG KraussMaffei Technologies GmbH Interhyp AG Krauss-Maffei Wegmann GmbH & Co. KG KGAL GmbH & Co. KG LEGO GmbH Lebensversicherung von 1871 a. G. München Linde Aktiengesellschaft LfA FÖRDERBANK BAYERN Maurer Söhne GmbH & Co. KG MEAG MUNICH ERGO AssetManagement GmbH MTU Aero Engines AG Merck Finck & Co oHG Privatbankiers Oerlikon Deutschland Vertriebs GmbH Münchener Hypothekenbank eG OHB System AG Münchner Bank eG OSRAM Licht AG Munich Re – Münchener Rückversicherungs- P+Z Engineering GmbH Gesellschaft Aktiengesellschaft in München Philip Morris GmbH Sparda-Bank München eG Rodenstock GmbH Stadtsparkasse München ROHDE & SCHWARZ GmbH & Co. KG State Street Bank GmbH Siemens Aktiengesellschaft Swiss Life AG Siltronic AG Swiss Re Europe S.A. Niederlassung Deutschland SONA BLW Präzisionsschmiede GmbH UniCredit Bank AG Spinner GmbH Versicherungskammer Bayern Texas Instruments Deutschland GmbH WWK Lebensversicherung auf Gegenseitigkeit Thüga Aktiengesellschaft VISPIRON ENGINEERING GmbH Life sciences
Wacker Neuson SE Actavis Deutschland GmbH & Co. KG
Agfa-Gevaert HealthCare GmbH Automotive engineering Amgen GmbH Balfour Beatty Rail GmbH Arthrex GmbH BMW – Bayerische Motoren Werke Aktiengesellschaft Astellas Pharma GmbH Bertrandt Ingenieurbüro GmbH Bavarian Nordic GmbH Franz Xaver Meiller Fahrzeug- und Maschinenfabrik Baxter Deutschland GmbH GmbH & Co. KG bene-Arzneimittel GmbH iwis Gruppe Bio-Rad Laboratories GmbH MAN SE Brainlab AG Schleicher Fahrzeugteile GmbH & Co. KG Bristol-Myers Squibb GmbH & Co. KGaA Semcon München GmbH Daiichi Sankyo Europe GmbH Webasto SE GE Healthcare Deutschland GlaxoSmithKline GmbH & Co. KG Property/construction Hexal AG Medigene AG Accumulata Immobilien AG MorphoSys AG ARGENTA Internationale Anlagegesellschaft mbH MSD SHARP & DOHME GMBH Bayerische Hausbau GmbH & Co. KG Novartis Consumer Health GmbH DIBAG Industriebau AG Roche Diagnostics GmbH Drees & Sommer München Sandoz Pharmaceuticals GmbH Hammer AG Sorin Group Deutschland GmbH HOCHTIEF Solutions AG Temmler Werke GmbH München Investa Projektentwicklungs- und Verwaltungs GmbH Wacker Chemie AG
12 Munich as a business location – Department of Labor and Economic Development Information and communication technology Feinkost Käfer GmbH
Hacker-Pschorr Bräu GmbH Apple GmbH Josef Bernbacher & Sohn GmbH & Co. KG Atos IT Solutions and Services GmbH Löwenbräu AG Autodesk GmbH Ludwig Stocker Hofpfisterei GmbH Avnet Holding Germany GmbH McDonald´s Deutschland Inc. BRAIN FORCE Software GmbH Mondelez Deutschland GmbH British Telecom – BT (Germany) GmbH & Co. oHG Paulaner Brauerei GmbH & Co KG Cisco Systems GmbH Red Bull Deutschland GmbH Comarch Software und Beratung AG Max Rischart’s Backhaus KG Deutsche Telekom AG Spaten-Franziskaner-Bräu GmbH Gigaset AG Staatliches Hofbräuhaus in München Google Germany GmbH Starbucks Coffee Deutschland GmbH Huawei Technologies Service GmbH vinzenzmurr Vertriebs GmbH IBM Deutschland GmbH Wrigley GmbH Ingram Micro Distribution GmbH
Microsoft Deutschland GmbH Fashion and lifestyle M-net Telekommunikations GmbH National Instruments Germany GmbH ESCADA Online GmbH NEMETSCHEK AG Estée Lauder Companies GmbH Nokia Solutions and Networks GmbH & Co. KG Etienne Aigner AG NTT DATA Deutschland GmbH LODEN-FREY Verkaufshaus GmbH & Co. KG Open Text Königliche Porzellan-Manufaktur Nymphenburg ORACLE Deutschland B.V.& Co. KG GmbH & Co. KG SAP Deutschland AG & Co. KG Louis Vuitton Deutschland GmbH Sony Mobile Communications International AB Mary Kay Cosmetics GmbH Tech Data GmbH & Co. oHG März München GmbH & Co. KG Telefonica Germany GmbH & Co. OHG Ludwig Maul GmbH & Co. KG telegate AG Oui Gruppe GmbH & Co. KG Travian Games GmbH Roeckl Handschuhe & Accessoires GmbH & Co. KG Vodafone GmbH, Region Süd Triumph International AG Yahoo! Deutschland Services GmbH Willy Bogner GmbH & Co. KGaA
Media Other service providers
ABENDZEITUNG München Verlags-GmbH Accenture GmbH Arnold & Richter Cine Technik GmbH & Co. Betriebs KG ADAC e.V. Bavaria Film GmbH Amazon.de GmbH Bayerischer Rundfunk Bain & Company Germany, Inc. Carl Hanser Verlag GmbH & Co. KG Bayerngas GmbH Constantin Medien AG BayWa AG Das Erste Programmdirektion BRUNATA Wärmemesser GmbH & Co. KG Erstes Deutsches Fernsehen Capgemini Deutschland GmbH Deutscher Taschenbuch Verlag GmbH & Co. KG Deloitte & Touche GmbH GRÄFE UND UNZER VERLAG GmbH Wirtschaftsprüfungsgesellschaft Gruner + Jahr AG & Co KG Verlagsgruppe München Dr. Sasse AG H. Hugendubel GmbH & Co. KG Edenred Deutschland GmbH Hubert Burda Media Holding Kommanditgesellschaft Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft IDG Communications Media AG FTI Touristik GmbH Kabel Deutschland Holding AG Jochen Schweizer GmbH Langenscheidt GmbH & Co. KG, München KPMG AG Wirtschaftsprüfungsgesellschaft Münchener Zeitungs-Verlag GmbH & Co. KG MAHAG Automobilhandel und Service Companies ProSiebenSat.1 Media AG GmbH & Co. oHG in Munich RTL 2 Fernsehen GmbH & Co. KG McKinsey & Company, Inc. Sky Deutschland AG Motel One Group 20 158 Sony Music Entertainment Germany GmbH PAYBACK GmbH business Springer Fachmedien München GmbH PricewaterhouseCoopers AG registrations (2014) Süddeutscher Verlag GmbH Wirtschaftsprüfungsgesellschaft The Walt Disney Company (Germany) GmbH Roland Berger Strategy Consultants Holding GmbH 96 150 VERLAG C. H. BECK oHG Sana Kliniken AG companies in Verlagsgruppe Random House GmbH Serviceplan Gruppe für innovative Kommunikation Munich (2012) GmbH & Co. KG Food SBK Siemens-Betriebskrankenkasse SIXT SE Alois Dallmayr KG Stadtwerke München GmbH Augustiner-Bräu Wagner KG Studiosus Reisen München GmbH Burger King Beteiligungs GmbH The Boston Consulting Group GmbH DANONE GmbH TNS Deutschland GmbH Develey Senf & Feinkost GmbH TÜV Süd AG
Munich as a business location – Department of Labor and Economic Development 13 Munich as a hub of knowledge Munich is Germany’s second-biggest university city.
Students at 47 959 Ludwig-Maximilians-Universität Munich’s universities München (LMU) in the winter 2013/2014 semester 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
2 806 University of the Federal Armed Forces
7 619 Other universities Source: Bavarian Office of Statistics and Data Processing
Institutes of higher education and selected non-university research institutions
Bavarian Academy of Sciences and Humanities Macromedia University for Media and (BAdW) 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
University graduates Munich 28.5% in 2014 Percentage of all Stuttgart 26.9% employees registered 24.0% for social security Frankfurt / Main who are university Berlin 21.2% graduates Cologne 20.2%
Hamburg 19.6%
Bavaria 13.9%
Germany 13.8% % % 0 % 5 % 10 15 20 % 25%
Source: Federal Employment Agency
14 Munich as a business location – Department of Labor and Economic Development Local government finance Heavy investment and systematic debt reduction are characteristic features of Munich’s local government budget policy.
Balance sheet for Assets Liabilities the City of Munich 1. Fixed assets 19 772 1. Equity 11 649 on January 1, 2014 2. Current assets 1 266 2. Special items 2 301 in € million 3. Accruals 94 3. Reserves 5 094 4. Dependent foundations 294 4. Accounts payable 2 038 5. Deferrals 50 6. Dependent foundations 294 Total assets 21 426 Bilanzsumme 21 426
Planned local 30.6 % 31.3 % € 1 220 million € 1 246 million government Other capital expenditures Schools, child day care investments, and nurseries 2014 – 2018
Total investment: € 3 985 million excluding the repatriation of capital to Stadtwerke München (€ 4 667 million, 14.5 % 6.0 % € 577 million including a one-time € 240 million Road and bridge effect relating to Municipal hospital construction SWM)
1.9 % 15.7 % € 75 million € 627 million Culture Housing construction
The City of 3 335 2006 Munich’s local 2007 2 905 government debt in € million 2008 2 306
2009 2 306
2010 2 223
2 011 1 673
2012 1 361
2013 968
2014 908 0 500 000 1 1 500 000 2 2 500 000 3 3 500
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 Berlin Frankfurt / Main Hamburg Cologne Munich Stuttgart in m2 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
Average rents for Berlin Frankfurt / Main Hamburg Cologne Munich Stuttgart office space in € / m2 2013 13.00 18.50 14.00 11.90 15.30 12.00 2014 13.70 19.50 14.50 11.50 14.90 12.60
Vacant office space 1 090.0 in thousands of m² Berlin 925.0
1 606.3
Frankfurt / Main 1 454.5
932.0
Hamburg 798.4
562.0
Cologne 552.0
1 392.2 2013 Munich 1 156.5 2014 364.8 2013 Stuttgart 314.2 2014 0 500 000 1 1 500
Office vacancy rates 6.0%
Berlin 5.0%
13.7%
Frankfurt / Main 12.5%
7.0%
Hamburg 6.0%
7.6%
Cologne 7.2%
6.1% 2013 Munich 5.1% 2014 4.9% 2013 Stuttgart 4.2% 2014 0% 5% 10% 15%
Source: Colliers International Deutschland
16 Munich as a business location – Department of Labor and Economic Development 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
Living Working Living Working Planning permission granted/projects partially completed Space Space Urban development planning in progress Space Space (approx. floor space in thousands of m2) (approx. floor space in thousands of m2) 1 Am Westpark, former ADAC site 37 23 Neuaubing railway sidings 45 5 2 Central railway-owned space – Birketweg plot 237 217 24 Freiham north, 1st phase of development 361 169 3 Central railway-owned space – Pasing plot 72 97 25 “Aubing Central”, former Telekom site 38 4 Neuaubing railway repair works, “Triebwerk” 103 26 Georg-Brauchle-Ring, north Munich gas utility 45 18 5 Freiham south 10 446 27 Parkstadt Schwabing, Lilly-Reich-Strasse 80 18 6 Aubing-Ost-Strasse 55 28 Freimann railway repair works (campus) 50 7 Georg-Brauchle-Ring, “M-Campus” 74 29 Hanns-Seidel-Platz 38 47 8 Am Oberwiesenfeld 37 2 30 Vogelweideplatz “Bogenhausener Tor” 108 9 Knorr-Bremse, Schittgablerstrasse 176 31 “Werksviertel”near Ostbahnhof station 122 270 10 Funkkaserne military barracks 157 18 32 McGraw site 15 11 11 Leopoldstrasse/Johann-Fichte-Strasse “Schwabinger Tor” 27 62 33 Paulaner site 137 6 12 Prinz-Eugen military barracks 191 5 34 Osram site 34 13 Messestadt Riem “Lakeside Offices” 134 35 Drygalski-Allee E.ON site 105 14 14 Messestadt Riem, 4th phase of housing development 80 36 Zschokkestrasse 47 8 15 Baumkirchner Strasse 51 31 37 Dornier site 32 16 Carl-Wery-Strasse “Perlacher Tor” 28 76 38 Henschelstrasse 42 2 17 Hochäckerstrasse 116 18 Agfa site 90 48 Planned scope 19 Baierbrunner Strasse east “South Side” 96 38 Other projects and plans 20 Central railway-owned space, Paul-Gerhardt-Allee 220 28 (approx. scope in hectares) 21 Gerberau 26 4 39 “Alte Akademie” 1.8 22 Meiller, Moosach 54 12 40 Diamalt site 8.4 41 Dachauerstrasse/Schwere-Reiter-Strasse 15.1 42 Kronprinz Ruppert military barracks, Virginia depot 43.4 Status: January 2015 43 Bayern military barracks 48.3 44 Messestadt Riem,Technology Park West 8.4 45 Messestadt Riem, 5th phase of housing development, Kirchtrudering 15.9 46 Friedrich-Creuzer-Strasse 12.8 47 Siemens campus 11.4 Source: Department of Urban Planning and Building Regulation 48 Ratzingerplatz 13.2
Munich as a business location – Department of Labor and Economic Development 17 Munich’s infrastructure Munich’s trade fair company is one of the world’s leading trade fair organizers.
Munich trade fair 2009 2010 2011 2012 2013 2014 company Trade fairs and exhibitions 25 22 18 15 16 13
Guest shows 270 241 254 230 203 202
No. of exhibitors (thousands) 32.9 37.9 31.4 35.0 36.4 32.8
No. of visitors (hundred thousands) 18.0 23.6 17.5 17.8 23.0 17.9
40
35
30
25 No. of exhibitors (thousands) 20
No. of visitors (hundred thousands) 15 2009 2010 2 011 2012 2013 2014
Munich trade fairs Ifat World’s leading trade fair for water, sewage, with top visitor rates waste and raw materials management 135 288 visitors in 2014 IHM Premier international skilled crafts trade fair, featuring the “Munich Garden” fair 128 918 visitors
Heim + Handwerk Building, furnishing and living, including “Food & Life” 123 000 visitors
F.re.e Travel and leisure trade fair 113 687 visitors
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 Munich as a business location – Department of Labor and Economic Development Munich’s infrastructure Munich Airport – seven-time winner of the „Best European Airport“ award.
Take-offs/landings 2009 2010 2011 2012 2013 2014 and passenger Passengers (millions) 32.7 34.7 37.8 38.4 38.7 39.7 volume at Munich Airport Take-offs/landings (thousands) 397 390 410 398 382 377
Number of 41 passengers passing 38 through Munich Airport 35 millions
32
29
26 2009 2010 2 011 2012 2013 2014
Take-offs and 425 landings at Munich 400 Airport thousands 375
350
325
300 2009 2010 2 011 2012 2013 2014
Source: Flughafen München GmbH
Passenger volumes 58.0 at selected German Frankfurt / Main 59.6 airports millions 38.7
Munich 39.7
26.3 2013 Berlin 28.0 2014
21.2 2013 Düsseldorf 21.9 2014
13.5
Hamburg 14.8 0 10 20 30 40 50 60
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 Budapest 1:15 0:55
Lyon 1:20 Geneva 1:10 Ljubljana Belgrade 1:25 0:50 Zagreb Sarajevo 1:25 1:05 Toulouse 1:50 Milan 1:05 Marseille 1:40 Tirana 1:45 Naples 1:40 Rome 1:30
Source: Flughafen München GmbH
Munich’s local Inhabitants in catchment area 1.53 million public transport network in numbers Size of catchment area 436 km2 Services provided Total subway lines operated 95 km by public transport utility MVG 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)