Global Real Estate News
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Keep abreast of the latest global real estate news across 7 continents that impacts on your business.
JLL: New York City in overall equal seventh place in City Momentum Index (CMI) ranking
In its third annual City Momentum Index (CMI) ranking, Jones Lang LaSalle found that New York City was the city that, overall, has the equal seventh most dynamic urban economy and that is adapting most rapidly to technological and infrastructural transformation. The CMI analysis considers 37 variables across 10 topics in relation to socio-economic momentum, commercial real estate momentum and ‘high-value incubators (higher education facilities, patent applications etc.). Transformational proje...
Read more.JLL: Sydney in overall equal seventh place in City Momentum Index (CMI) ranking
In its third annual City Momentum Index (CMI) ranking, Jones Lang LaSalle found that Sydney was the city that, overall, has the equal seventh most dynamic urban economy and that is adapting most rapidly to technological and infrastructural transformation. The CMI analysis considers 37 variables across 10 topics in relation to socio-economic momentum, commercial real estate momentum and ‘high-value incubators (higher education facilities, patent applications etc.). Transformational projects and...
Read more.JLL: Shanghai in overall sixth place in City Momentum Index (CMI) ranking
In its third annual City Momentum Index (CMI) ranking, Jones Lang LaSalle found that Shanghai was the city that, overall, has the [xth] most dynamic urban economy and that is adapting most rapidly to technological and infrastructural transformation. The CMI analysis considers 37 variables across 10 topics in relation to socio-economic momentum, commercial real estate momentum and ‘high-value incubators (higher education facilities, patent applications etc.). Transformational projects and polic...
Read more.JLL: Boston in overall fifth place in City Momentum Index (CMI) ranking
In its third annual City Momentum Index (CMI) ranking, Jones Lang LaSalle found that Boston was the city that, overall, has the fifth most dynamic urban economy and that is adapting most rapidly to technological and infrastructural transformation. The CMI analysis considers 37 variables across 10 topics in relation to socio-economic momentum, commercial real estate momentum and ‘high-value incubators (higher education facilities, patent applications etc.). Transformational projects and policie...
Read more.JLL: Bangalore in overall fourth place in City Momentum Index (CMI) ranking
In its third annual City Momentum Index (CMI) ranking, Jones Lang LaSalle found that Bangalore was the city that, overall, has the fourth most dynamic urban economy and that is adapting most rapidly to technological and infrastructural transformation. The CMI analysis considers 37 variables across 10 topics in relation to socio-economic momentum, commercial real estate momentum and ‘high-value incubators (higher education facilities, patent applications etc.). Transformational projects and pol...
Read more.JLL: Dublin in overall third place in City Momentum Index (CMI) ranking
In its third annual City Momentum Index (CMI) ranking, Jones Lang LaSalle found that Dublin was the city that, overall, has the third most dynamic urban economy and that is adapting most rapidly to technological and infrastructural transformation. The CMI analysis considers 37 variables across 10 topics in relation to socio-economic momentum, commercial real estate momentum and ‘high-value incubators (higher education facilities, patent applications etc.). Transformational projects and policie...
Read more.JLL: Silicon Valley in overall second place in City Momentum Index (CMI) ranking
In its third annual City Momentum Index (CMI) ranking, Jones Lang LaSalle found that Silicon Valley was the city that, overall, has the second most dynamic urban economy and that is adapting most rapidly to technological and infrastructural transformation. The CMI analysis considers 37 variables across 10 topics in relation to socio-economic momentum, commercial real estate momentum and ‘high-value incubators (higher education facilities, patent applications etc.). Transformational projects an...
Read more.JLL: London in overall top place in City Momentum Index (CMI) ranking
In its third annual City Momentum Index (CMI) ranking, Jones Lang LaSalle found that London was the city that, overall, has the most dynamic urban economy and that is adapting most rapidly to technological and infrastructural transformation. The CMI analysis considers 37 variables across 10 topics in relation to socio-economic momentum, commercial real estate momentum and ‘high-value incubators (higher education facilities, patent applications etc.). Transformational projects and policies unde...
Read more.Broad range of office rents in Dubai sub-markets in 2Q15
In its recently released The Hub Report, Knight Frank (KF) considered how Dubai compares with other global logistics, financial and tourism hubs. KF noted that indicative rents in the Dubai International Finance Centre (DIFC) in 2Q15 were AED2,530 per square metre per annum. Rents at Emaar Square/Downtown were slightly lower at AED1,991. Rents were around AED1,615 for each of Business Bay, Sheikh Zayed Road, Media City, Internet City and Knowledge Village. Rents were below AED1,000 in Bur Dubai ...
Read more.Prime office rents in Dubai relatively low in 2Q15
In its recently released The Hub Report, Knight Frank (KF) considered how Dubai compares with other global logistics, financial and tourism hubs. KF noted that average prime office rents in Dubai in 2Q15 were USD542 per square metre per annum. The corresponding figures were higher in Singapore (USD998), New York (USD1,146), London West End (USD2,058) and mid-town Manhattan (USD2,080)....
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