Munich - general

● Munich is the most prosperous of Germany's cities with a purchasing power
index at 39% above the German average (2004). 

● The city has a diverse range of manufacturing and service industries and is the 
base for leading corporations such as BMW, Siemens and Allianz. The greater 
Munich area, in particular, has become an important hub for and technology and 
biotech industries. After Frankfurt, Munich is Germany's second most important 
financial city with the highest concentration of financial services and insurance 
companies.

● The Bavarian capital is a highly desirable city in which to live and demand for 
rental accommodation is consistently solid. Munich's attractions are many - the 
prevalence of green areas and parks, stately buildings and monuments, 
numerous galleries, museums and theatres. Not least among these is the Allianz 
Arena - the recently opened, impressive football stadium, shared by local rivals 
Bayern Muenchen and 1860 and a venue for the 2006 World cup finals.

● Munich combines the best attributes of German cities with a southern European 
flair and atmosphere. It has a transport infrastructure that is, even by German 
standards, enviable with the impressive suburban train network undergoing 
constant expansion. 

● Munich is in a strong position to capitalise on the expected upturn in Germany's 
economic fortunes. Despite the general economic stagnation in the country as a 
whole in recent years, the city has weathered the storm better than most, with the 
lowest unemployment rate anywhere in the country. This strength derives from the 
city's diverse range of industries, its attraction as a place to live and its importance 
as a tourist destination.