Known especially for its world-class financial sector, Frankfurt also is home to many other key industries: The creative industry, IT and telecommunications, biotechnology and life sciences, and logistics, according to Frankfurt Economic Development.
As the seat of the European Central Bank, the city is of international importance in terms of monetary policy, and, therefore, considered the financial capital of continental Europe. It houses not only Germany’s Bundesbank and Deutsche Börse stock exchange (the 10th largest globally), but is also the seat of the European Central Bank (ECB).*
Its central location, excellent infrastructure, concentration of future-oriented companies and its international flair, give the city its top position among other major European cities. Though the city was once considered quite conservative, it is now vying with hipper and trendier centers around Europe to woo financial start-ups, known as FinTechs, which want to revolutionize the way the world of money does business, according to Phys.org.
Often praised for its accessibility, with the airport among Europe’s largest and busiest, and only a 15 minute train journey into the city, Frankfurt is an ideal location for multinational companies. The airport region’s office market has seen masses of expansion in recent years, with development continuing today.*