SMART METROPOLIS STUTTGART INNOVATIVE METROPOLITAN REGION WITH MANY FACES L’immobilierReal Estate d’un mondefor a changing qui change world CONTENTS P. 02 SMART ECONOMY STUTTGART P. 04 SMART MOBILITY SETS THE TONE METROPOLIS P. 06 MAJOR URBAN DEVELOP- Surrounded by vineyards whose vines extend into MENTS OF TOMORROW the city, the Wilhelma Zoo and a large number of parks, SMART SMART Stuttgart is one of the greenest cities in Germany. And one of the sunniest. Just like the heat which gathers in P. 08 FOCUS ON THE REAL the region in summer, a mass of innovative power is also STUTTGART STUTTGART concentrated in the region. Stuttgart has already been ESTATE MARKET a trailblazer a number of times in the past, for example with the first green pedestrian zone in 1953 and P. 10 SMART the first petrol-powered automobile in 1886. The capital of Baden-Württemberg with just over 600,000 inhabitants PEOPLE is rightly proud of its history. But it does not look back. On the contrary: In Stuttgart they are actively P. 12 shaping the future. In no other city are so many patents SMART registered. In hardly any other region in Europe is so much money invested in research and development. LIVING The metropolitan region of Stuttgart is thanks to engineering and the automotive and property sectors the strongest P. 14 SMART economic region in Germany – ahead of Munich and Frankfurt am Main. Major construction projects such ENVIRONMENT as Stuttgart 21 also place the city in the international spotlight. Not to mention numerous initiatives and projects concerning electromobility and sustainability, P. 16 SMART leading universities, a number of excellent science and research companies and an emergent start-up scene. GOVERNANCE There is hardly a sector in which Stuttgart is not setting the tone. 01 STUTTGART SMART Metropolis Age structure th biggest city of inhabitants 6 in Germany 0-18 18-30 30-45 45-60 60-65 65-75 +75 years years years years years years years 16% 18% 23% 20% 5% 8% 10% GDP: +1.5% METROPOLIS in 2018 SMART (Baden-Württemberg) STUTTGART STUTTGART Employment: +2.2% (workplace Stuttgart) in 2018 compared to the previous year +47,500 inhabitants in the last 20 years Sources: Statistical Office, Landeshauptstadt Stuttgart; Statistical Office of Baden-Württemberg; Federal Employment Agency 2019 SMART ECONOMY 02 Partner search in industry – START UP THE FUTURE initiative Initiated by Allianz Industrie 4.0 Baden-Württemberg and the German Engineering Association STUTTGART HAS BEEN ONE OF GERMANY’S STRONGEST ECONOMIC (VDMA), one of the most influential REGIONS FOR YEARS. THE STATE OF BADEN-WÜRTTEMBERG AND trade associations in Europe, METROPOLIS THE STUTTGART REGION ARE AMONG GERMANY’S BIGGEST AND MOST the START UP THE FUTURE initiative IMPORTANT ECONOMIC LOCATIONS. SMART SMART brings established engineering Mercedes, Porsche, Bosch – it is still the big names from the automotive and companies and young tech start- engineering industries that make the region the strongest metropolitan region ups together. The platform provides STUTTGART STUTTGART in terms of exports, secure jobs and create new ones. However, it is not only the companies with the opportunity global players, but above all the small and medium-sized enterprises (suppliers, to find tailor-made solutions and service providers, IT and software companies such as Mahle, Mann+Hummel, competent innovation partners Stihl and Trumpf) that form the backbone of the region. They, their innovative outside of their own organisation. capability and international competitiveness in the age of Industry 4.0 are attracting the attention of an increasing number of exciting start-ups and www.startup-the-future.de/en/ numerous initiatives and projects which support them and make them fit for the industrial future. Stuttgart’s diverse finance sector with banks, insurance companies and other financial service providers is also growing in importance. JOBS BY INDUSTRY 2018 ICT FIRMS Services (not including retail) 65% Retail, transport, hotels and restaurants 15% Stuttgart Manufacturing 16% 28,920 employees June 2018 Construction 3% +21% since 2013 Others 1% +6,4% since 2017 Source: Statistisches Amt, Landeshauptstadt Stuttgart 2019 Source: Federal Employment Agency 2019 Matthias Bentz 03 @BNP Paribas Real Estate Due to its strong economic structure, Stuttgart benefits especially from a dynamic economic context. This is reflected in the property markets, which have developed very positively in recent years. The chances of future increases in rent levels and therefore property values remain high. If you also take into account the broad SME structure, which accounts for the stable development and low volatility, the capital of Baden-Württemberg METROPOLIS STUTTGART IS A DIGITAL HUB currently offers excellent conditions for successful and SMART SMART IN 2017 STUTTGART WAS APPOINTED AS ONE OF TWELVE sustainable investments. DIGITAL HUBS IN GERMANY BY THE FEDERAL MINISTRY FOR ECONOMIC AFFAIRS. STUTTGART In the hubs young start-ups, established companies and excellent academic institutions team up in order to create digital innovation About BNP Paribas Real Estate together, speed up innovation processes in individual sectors and drive forward the digital transformation. Stuttgart submitted its application An overarching vision and close under the motto “driving.future.industries”. Building on its strengths, knowledge of local markets in the service the city wants to facilitate the emergence of the new leading industries of real estate projects in Europe: of the future (among others mobility, smart products, Industry 4.0). build, buy, sell, rent, invest, value, appraise, manage and be advised. Established in 32 countries. 5,400 employees. Source: www.realestate.bnpparibas.de 2019 110,000 employees Manufacturers and direct suppliers 73,400 employees nd most important employer of turnover 2 in the Stuttgart region 45% of the whole industry AUTOMOTIVE INDUSTRY: INDUSTRY: AUTOMOTIVE ENGINEERING: Source: Wirtschaftsförderung Region Stuttgart GmbH 2019 SMART MOBILITY 04 A PERFECTLY CONNECTED CITY WITH A CLIMATE FRIENDLY VISION Paris Stuttgart Main Station Bietighein Bietighein Heilbronn Airport Stuttgart Port Highway S-Bahn (urban railway) Neckar Bietighein ICE (future train tracks) ICE (current train tracks) Schorndorf Karlsruhe METROPOLIS STUTTGART 81 Stuttgart SMART SMART Main Station Stuttgart Port 8 STUTTGART STUTTGART Weil der Stadt Neckar 831 Neckar 8 Ulm / Munich Manfred Rommel Airport Stuttgart Zürich Kirchheim unter Teck Zürich Ulm / Munich Herrenberg Munich Source: Obea Communication 2018 ICE – RANKED 8TH direct connection among Germany’s Paris international in 3h10 A8 and A 81 connect Stuttgart to all major commercial More than 140 Frankfurt European business centres airports destinations in 1h30 Source: Stuttgart Airport 2019 05 THE STATE OF BADEN-WÜRTTEMBERG AND THE STUTTGART REGION ARE PLAYING A PIONEERING ROLE IN GERMANY IN THE AREA OF logSPAZE ELECTROMOBILITY. ENERGY-EFFICIENT, LOW-EMISSION, SAFE AND CHEAP – NUMEROUS INITIATIVES, PROMOTED BY THE FEDERAL experiments GOVERNMENT, STATE AND THE PRIVATE SECTOR ARE PAVING THE WAY TO THE CITY OF THE FUTURE. with logistics SCALE-UP! STUTTGART’S AIRPORT Full streets in residential districts, traffic noise, emissions, the booming WILL BE CLIMATE-NEUTRAL online commerce and a growing population require new concepts 2050 is the magic number, this is the year when Stuttgart Airport for business and logistics traffic will be operated on a climate-neutral basis. At the terminals there in cities. In order to enable the are already over 30 charging points for electric cars whose energy zero-emission delivery of parcels comes 100 per cent from renewable sources. As part of the “scale- in the future, the city of Stuttgart METROPOLIS up!” project launched in 2016, numerous vehicles used by the has launched in cooperation with airport, from the apron shuttle bus to the luggage transporter, have Wirtschaftsförderung Region Stuttgart SMART been replaced by electrically-driven vehicles. As a result 250,000 and the Fraunhofer IAO the pilot litres of diesel were saved in the first year alone. project “logSPAZE – Alternative Delivery Concepts for Stuttgart City STUTTGART Centre”. Together with logistics service providers such as UPS, more efficient and more environmentally-friendly delivery concepts are being developed, tested and evaluated. Number of commuters The share of cycle 244,502 traffic is expected A8 and A 81 91,858 180 km of to increase from connect Stuttgart to all major 5% to 20% European business centres cycle paths in future Source: Federal Employment Agency 2019 Source: Landeshauptstadt Stuttgart 2019 MAJOR URBAN DEVELOPMENTS OF TOMORROW 06 1 Heilbronn Stuttgart-Vaihingen Synergy Park With over 20,000 employees, the Synergy Park is the biggest industrial park in Stuttgart. All signs continue to point to growth: Besigheim Daimler AG and Allianz AG are building new offices which will be available by 2020 and will house in total nearly 9,000 employees. Bietigheim- Both designs envisage modern new-builds with green areas and Bissingen Backnang areas for public use. Daimler AG is planning four new buildings which enclose an area open to the public. Allianz AG is also planning urban office areas with flexible building structures and areas which Vaihingen can be used by the public. an der Enz Ludwigsburg Kornwest- heim METROPOLIS 2 Waiblingen SMART SMART VAI Campus Fellbach Schorndorf On the 195,000 square metre site of the former 6 3 STUTTGART STUTTGART Eiermann