#MIPIM JLL launches online city research centre

JLL has launched an online Cities Research Center, enabling users to compare and contrast the top 300 global cities across a range of factors, from real estate activity to speed of economic change.

The property adviser said at the launch of the centre at MIPIM that cities are the new geography of commerce. Uncovering investment, development and location opportunities across the world demands new levels of forensic analysis and measured interpretation.

Ten years ago there were 100 cities on the investor's radar, now there are 300, with over 600 routinely enquired about by corporates, JLL said. As new and different trends in technology, lifestyle and governance impact the momentum of cities, the adviser has created an online site to help provide insight, intelligence and interpretation on the changing prospects for cities around the world.

The research backing the new initiative highlights how four 'Super Cities', Tokyo (1), New York (2), London (3) and Paris (4) account for one-third of cross-border real estate investment across the global 300 cities.

Several 'transitional' cities such as Shanghai (7), Seoul (8) and Beijing (10) are attracting increasing real estate capital flows. Shanghai has strong potential to leapfrog to 'Super City' status within the next few years

San Francisco, London, Dubai, Shanghai and Wuhan are the world’s most dynamic cities

There are 40 African cities on the long term radar, with Sub-Saharan Africa home to some of the world’s most dynamic economies. With less that 3 million m2 of Grade A space (office and retail) across the region (excluding South Africa), the real estate opportunities are evident, JLL said.

Research highlights Accra, Addis Ababa and Lagos which are among the world’s fastest growing cities; Nairobi - Africa's 'Silicon Savannah' - is emerging as a regional powerhouse in technology; while Luanda is the world’s most expensive city to rent office space.

Rosemary Feenan, head of global research at JLL said: 'The JLL Cities Research Center unites our firm-wide research expertise on cities in an engaging and accessible format. Data visualisations allow users to compare and contrast different cities or locations. Articles and blogs give opinion and insights and the extensive international urban advisory experience of our CRC Chair, Greg Clark, adds further value to what we are confident will be an important addition to the understanding of the science of cities.'

Click on the link below for JLL's City Monentum Index.

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Debt is the subject for the final MIPIM 2014 investment briefing on Thursday 13 March. The roundtable event is focused on European real estate debt and financing. The panellists are CBRE's Philip Cooper; Peter Lilja, Situs Nordic Services, Denmark; Raphael Brault, AEW Europe, France; Anthony Shayle, Head of Global Real Estate – UK Debt, UBS Global Asset Management and Adolfo Ramírez-Escudero, President CBRE Spain. The roundtable is hosted by CBRE at the CBRE Apartment, No 2 La Croisette Cannes from 10.30-1130. More information

You can also visit PropertyEU's MIPIM booth at the Frankfurt Stand, Espace Riviera Stand, R33.07