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Innovation, liveability and the capacity to reinvent characterize the most dynamic cities in JLL's (NYSE:JLL) third annual City Momentum Index (CMI). London, Silicon Valley, Dublin, Bangalore and Boston top the list by successfully creating environments that attract cutting-edge new businesses, nurture top talent, leverage technology and provide vibrant, inclusive communities.
While the 2015 CMI Top 20 included several tech-focused hubs, the 2016 CMI Top 20 features many cities which are home to the world's most vibrant mixed-use districts that are thriving not only with respect to technology, but also around their ability to incubate and commercialize new ideas. These well-connected city districts, often featuring numerous higher education and research institutions, promote connectivity, co-production and open innovation.
"Real estate is a major factor in city momentum as it can enable productivity, creativity and entrepreneurship while creating a sense of community for its citizens in a sustainable urban model," said Jeremy Kelly, director, global research for JLL. "Real estate no longer simply houses businesses – it attracts corporations and talent, and cities need to ensure their built environment provides the smart, productive commercial buildings that corporations, capital and talent now demand."
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28 January 2016