Innovation, talent and capital migration to affordability is rapidly reshaping commercial real estate demand

CHICAGO, March 25, 2024 – Throughout the next decade, market specialization, talent migration, sustainability goals and new technologies such as AI will continue to shape the global knowledge economy and high-tech industry ecosystem. The third edition of JLL’s Innovation Geographies examines how innovation continues to influence real estate location and portfolio strategies, based on the dynamics of 108 cities globally. Ranked across a range of output, funding and talent indicators, JLL identified eight groups of cities across varying innovation and talent concentrations to provide a perspective into rapidly evolving global, regional and national landscapes.