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Covering 111 major established and emerging business hubs across the globe, the City Momentum Index measures a city’s short-term socio-economic and commercial real estate momentum.
However, city momentum involves far more than just raw GDP growth – it is also about speed of adaptation, the speed of innovation and the creation of cutting-edge new businesses. And it further entails capturing the dynamics of a city’s real estate market – rates of construction and absorption, price movement and the attraction of a city’s built environment for cross-border capital and corporations.
In this paper, we review which cities around the globe top this list.
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Wednesday, January 22, 2014