Recognizing that commercial real estate is no longer just a consequence of a city’s success but a driver of it, Jones Lang LaSalle has identified San Francisco, London, Dubai, Shanghai and Wuhan at the forefront of cities that demonstrate the combination of strong short term socio-economic and commercial real estate momentum and longer term foundations for success. In its new, proprietary City Momentum Index (CMI), Jones Lang LaSalle goes beyond traditional, static economic rankings to delve into the underlying drivers that are the hallmark of highly dynamic cities. According to Jeremy Kelly, Director, Global Research for Jones Lang LaSalle: “City momentum is about far more than just raw GDP growth. The true foundation of highly dynamic cities emerges from such factors as speed of innovation and creation of cutting-edge businesses along with new building construction, property price movement and investment in real estate from cross-border investors and corporations.

1. JLL City Momentum Index
January 2014

2. JLL City Momentum Index
The World’s 20 Most Dynamic Cities
Socio - Economic Commercial Real Estate
Momentum
Momentum
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
San Francisco
London
Dubai
Shanghai
Wuhan
New York
Austin
Hong Kong
San Jose
Singapore
Shenzhen
Jakarta
Beijing
Chengdu
Los Angeles
Tianjin
Boston
Seattle
Tokyo
Lima
High - Value
Incubators
Top Quintile
2nd Quintile
3rd Quintile
4th Quintile
Bottom Quintile
Source: Jones Lang LaSalle, 2014
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3. City Momentum Index
Global Top 20 – U.S. and China’s Cities Dominate
Seattle
San Francisco
San Jose
Los Angeles
London
Austin
Boston
New York
Dubai
Chengdu
Beijing
Tianjin
Wuhan
Tokyo
Shanghai
Shenzhen
Hong Kong
Singapore
Lima
Jakarta
Source: Jones Lang LaSalle, 2014
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4. City Momentum Index
Dissecting the Momentum
Los Angeles
Munich, Seoul
Seattle, Sydney
Toronto, Tokyo
San Francisco Bay
London
New York, Austin
Hong Kong
Singapore
Shanghai, Beijing
Dubai, Shenzhen
High -Value Incubators
Boston, Paris
Berlin, Chicago
Randstad
Copenhagen
Highest
Wuhan
Chengdu, Tianjin
Jakarta, Lima
Lowest
Lowest
Short - Term Momentum
Highest
Source: Jones Lang LaSalle, January 2014
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5. City Momentum Index
Covers 111 Major Cities
North America (29)
EMEA (45)
Asia Pacific (29)
Vancouver, Calgary
Toronto, Montreal
Oslo, Stockholm
Copenhagen, Helsinki
Seoul, Osaka, Tokyo
Washington DC, Baltimore
Philadelphia, New York, Boston
Dublin, Glasgow, Edinburgh
Manchester, Birmingham, London
Beijing, Tianjin, Shanghai
Chengdu, Wuhan
Guangzhou, Shenzhen
Minneapolis, Chicago
St Louis, Detroit
Brussels, Amsterdam, Paris, Lyon
Hong Kong, Taipei
Hamburg, Berlin, Dusseldorf
Cologne, Frankfurt, Stuttgart
Munich, Zurich, Vienna
Delhi, Kolkata, Mumbai
Hyderabad, Bangalore, Chennai
Charlotte, Atlanta, Orlando, Miami
Denver, Austin, Dallas, Houston
Las Vegas, Phoenix
Seattle, Portland, San Francisco
San Jose, Los Angeles, San Diego
Latin America (8)
Mexico City, Monterrey
Lima, Bogota
Sao Paulo, Rio de Janeiro
Santiago, Buenos Aires
Milan, Rome, Athens
Bangkok, Ho Chi Minh City
Kuala Lumpur, Singapore
Jakarta, Manila
Prague, Budapest, Warsaw
Bucharest, Kiev
Moscow, St Petersburg
Perth, Brisbane
Melbourne, Sydney
Auckland
Lisbon, Madrid, Barcelona
Istanbul
Abu Dhabi, Dubai
Jeddah, Riyadh
Casablanca, Cairo
Cape Town, Johannesburg
Source: Jones Lang LaSalle, 2014
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6. City Momentum Index – The Ingredients
Socio - economic
Momentum
Commercial
Real Estate Momentum
High - value
incubators
Air Connectivity
Construction, Absorption, Price
Higher Education Infrastructure
Fortune 2000 HQs
Investment Transactions
Innovation Capability
Foreign Direct Investment
Transparency
Technology/Venture Capital
Economic Output
Population
Short - term
Momentum
High - value
incubators
City Momentum Index
Source: Jones Lang LaSalle, 2014
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7. For further information please contact:
Contributing authors:
Ben Breslau
ben.breslau@am.jll.com
Andrew Burrell
andrew.burrell@eu.jll.com
Jeremy Kelly
Director, Global Research
+44 (0) 20 3147 1199
jeremy.kelly@eu.jll.com
Rosemary Feenan
Head of Global Research Programmes
+44 (0) 20 3147 1198
rosemary.feenan@eu.jll.com
>> Download the full report: City Momentum Index
Oliver Kummerfeldt
oliver.kummerfeldt@eu.jll.com
Jane Murray
jane.murray@ap.jll.com
Josh Gelormini
josh.gelormini@am.jll.com
Craig Plumb
craig.plumb@eu.jll.com
David Green-Morgan
david.green-morgan@ap.jll.com
David Rees
david.rees@ap.jll.com
Myles Huang
myles.huang@ap.jll.com
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