the world's most dynamic cities - jll city momentum index 2017

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The World’s Most Dynamic Cities JLL City Momentum Index 2017

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Page 1: The World's Most Dynamic Cities - JLL City Momentum Index 2017

The World’s Most Dynamic Cities

JLL City Momentum Index 2017

Page 2: The World's Most Dynamic Cities - JLL City Momentum Index 2017

JLL’s City Momentum Index 2017

2

Bangalore

Ho Chi Minh City

Silicon Valley

Shanghai

Hyderabad

London

Austin

Hanoi

Boston

Nairobi

Dubai

Melbourne

Pune

New York

Beijing

Sydney

Paris

Chennai

Manila

Seattle

San Francisco

Shenzhen

Delhi

Raleigh-Durham

Mumbai

Hangzhou

Los Angeles

Dublin

Nanjing

Stockholm

Americas

Asia Pacific

EMEA

The world’s 30 most dynamic cities

We assess a broad range of socio-economic and real estate factors

to identify cities with the strongest momentum

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Page 3: The World's Most Dynamic Cities - JLL City Momentum Index 2017

What is JLL’s City Momentum Index?

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The City Momentum Index is

JLL’s proprietary index

designed to identify the

world’s most dynamic cities

It combines a broad range of

real estate and socio-

economic factors to evaluate

short-term and longer-term city

momentum

The Index captures the

signals of change that are

likely to underpin future city

success

Page 4: The World's Most Dynamic Cities - JLL City Momentum Index 2017

How is the City Momentum Index Constructed?

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42 variables are combined to assess short-term and longer-term city momentum

Source: JLL, January 2017

Short-Term

Momentum

Commercial Real

Estate Momentum

Socio-Economic

Momentum

Long-Term Momentum

Higher Education Infrastructure

Innovation Capability

International Patent Applications

Technology Firms

Environmental Quality

Construction, Absorption, Price

Offices, Retail, Hotels

Investment Transactions

Transparency

Economic Output

Retail Sales

Population

Air Connectivity

Corporate HQs

Foreign Direct Investment

Page 5: The World's Most Dynamic Cities - JLL City Momentum Index 2017

Which cities are covered?

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The City Momentum Index covers 134 major cities worldwide

Atlanta

Austin

Baltimore

Boston

Calgary

Charlotte

Chicago

Columbus

Dallas

Denver

Detroit

Houston

Kansas City

Las Vegas

Los Angeles

Miami

Minneapolis

Montreal

New York

Orlando

Philadelphia

Phoenix

Pittsburgh

Portland, OR

Raleigh-Durham

Salt Lake City

San Diego

San Francisco

Seattle

Silicon Valley

St Louis

Tampa

Toronto

Vancouver

Washington DC

Bogota

Buenos Aires

Lima

Mexico City

Monterrey

Rio de Janeiro

Santiago

Sao Paulo

Amsterdam

Antwerp

Athens

Barcelona

Berlin

Birmingham

Brussels

Bucharest

Budapest

Cologne

Copenhagen

Dublin

Dusseldorf

Edinburgh

Frankfurt

Geneva

Glasgow

Hamburg

Helsinki

Istanbul

Europe

Kiev

Lisbon

London

Luxembourg

Lyon

Madrid

Manchester

Milan

Moscow

Munich

Oslo

Paris

Prague

Rome

St Petersburg

Stockholm

Stuttgart

Vienna

Warsaw

Zurich

Adelaide

Auckland

Bangalore

Bangkok

Beijing

Brisbane

Chengdu

Chennai

Chongqing

Delhi

Fukuoka

Guangzhou

Hangzhou

Hanoi

Ho Chi Minh City

Hong Kong

Hyderabad

Jakarta

Kolkata

Kuala Lumpur

Asia Pacific 39

Manila

Melbourne

Mumbai

Nagoya

Nanjing

Osaka

Perth

Pune

Seoul

Shanghai

Shenyang

Shenzhen

Singapore

Sydney

Taipei

Tianjin

Tokyo

Wuhan

Xian

Abu Dhabi

Cairo

Cape Town

Casablanca

Doha

Dubai

Middle East & Africa

Jeddah

Johannesburg

Lagos

Nairobi

Riyadh

Tel Aviv

Source: JLL, January 2017

North America

Latin America

4035

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Page 6: The World's Most Dynamic Cities - JLL City Momentum Index 2017

Ten Takeaways from JLL’s City Momentum Index 2017

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1

The ascendancy of India’s cities

2

The rise of agile high-value ‘Emerging

World Cities’

3

Dynamic city clusters coalescing

in China

4

Vietnamese cities emerge as

hotspots for FDI

London’s continued resilience, despite

Brexit vote

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Northern European Cities have attributes for

longer-term success

5

Australia’s Tier I cities outperform

Strong momentum creates environmental

challenges

Affordability & supply constraints compromise

momentum

Technology and innovation underscore

momentum

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Page 7: The World's Most Dynamic Cities - JLL City Momentum Index 2017

Mapping City Momentum Index 2017: Global Top 30

21-30Top 10

6. London

9. Boston

10. Nairobi

4. Shanghai

5. Hyderabad

7. Austin

3. Silicon Valley

2. Ho Chi Minh City

8. Hanoi

1. Bangalore

11 Dubai

12 Melbourne

13 Pune

14 New York

15 Beijing

16 Sydney

17 Paris

18 Chennai

19 Manila

20 Seattle

21 San Francisco

22 Shenzhen

23 Delhi

24 Raleigh-Durham

25 Mumbai

26 Hangzhou

27 Los Angeles

28 Dublin

29 Nanjing

30 Stockholm

1 Bangalore

2 Ho Chi Minh City3 Silicon Valley4 Shanghai5 Hyderabad6 London7 Austin8 Hanoi9 Boston

10 Nairobi

11-20

Page 8: The World's Most Dynamic Cities - JLL City Momentum Index 2017

High

Low

Co

mm

erc

ial R

ea

l E

sta

te A

cti

vit

y

Mature Cities

Sustainable long-term

momentum

Top 30 Most Dynamic Cities: Emerging vs Mature

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Strong short-term momentum in emerging markets, while mature cities have more sustainable longer-term momentum

Emerging Megacities

ManilaChennai

DelhiMumbai

High Potential

Nairobi Ho Chi Minh CityHanoi

Challengers

Agile High-Value

Established World Cities

New World CitiesShanghaiBeijing

BangaloreHyderabadPune

DubaiShenzhenHangzhouNanjing

New YorkLos Angeles

LondonParis

AustinRaleigh-Durham

Silicon ValleySan FranciscoBostonSeattle

SydneyMelbourne

StockholmDublin

City Maturity

Emerging Cities

Strong short-term momentum

Page 9: The World's Most Dynamic Cities - JLL City Momentum Index 2017

City Momentum - Five Trends to Watch

1

Cities becoming more

powerful and

influential

2

City mayors &

governors expanding

their roles

3

Technology having

deep impacts on

city dynamics

4

Cities taking the lead in

tackling environmental

concerns

5

Political upheavals

threatening globally

connected cities

Page 10: The World's Most Dynamic Cities - JLL City Momentum Index 2017

The World’s Most Dynamic Cities

JLL City Momentum Index 2017