Location as a magnet for talent
CRE functions are playing a more dynamic role in shaping enterprise transformation. Strategic alignment between portfolio strategy and talent requirements is now essential for future-proofing operations. From global banks co-locating AI teams with product leaders to wealth managers expanding into university-adjacent markets, occupiers are leveraging real estate to attract, develop and retain differentiated talent.
Top firms are expanding in markets that align with digital capabilities, academic pipelines and workforce scalability. More cost-efficient locations like Bengaluru, Toronto and Dallas are rising as global capability centers for the sector.
Financial services companies are prioritizing growth to capture both deep talent pools and the fastest-growing, specialized labor markets. New York still leads with 627,500 financial services jobs (up 5.2% since 2022), reflecting its preeminence in sought-after financial services and tech-oriented skills. Several fast-growing centers are capturing attention:
- Vancouver (+22.1%)– driven by a burgeoning fintech and wealth-tech cluster and Canada’s competitive immigration pathways
- Warsaw (+19.8%) – reflecting Poland’s rise as a shared-services and automation hub for risk, compliance, and data analytics
- Toronto (9.7%) – fueled by major redevelopments like CIBC Square and BMO Place that consolidate tech, AI, and operations teams into amenity-rich campuses.
- Singapore (+9.9%) – as a regional headquarters for Asia-Pacific banking, wealth management, and fintech innovation
- Atlanta (+9.6%)– driven by large bank tech and operations centers benefitting from lower costs and strong university pipelines