Rethinking Global City Competitiveness Jeremy Kelly, Global Research, JLL 7 th June 2018
A new language of city competitiveness Source: JLL!3
A new language of city competitiveness technology diversity entrepreneurship environment resilience governance culture infrastructure liveability talent health future-proofing innovation transparency brand business friendliness agility Source: JLL!3
A new language of city competitiveness technology diversity entrepreneurship environment resilience governance culture infrastructure liveability talent health future-proofing innovation transparency brand business friendliness agility Source: JLL!3
Cape Town Budapest Milan Abu Dhabi Dublin Santiago Ho Chi Prague Tel Aviv Kuala Lumpur Minh City Austin Silicon Dubai Seattle Valley Warsaw Bangalore Denver Hyderabad San Diego Boston Taipei Berlin Munich Guangzhou Stockholm San Francisco Shenzhen Chengdu Hamburg Helsinki Amsterdam Hangzhou Copenhagen Xi an Toronto London New York Suzhou Vancouver Oslo Tianjin Sydney Paris Hong Kong Nanjing Melbourne Tokyo Singapore Auckland Madrid Seoul Wuhan Shanghai Zurich Chongqing Brisbane Vienna Los Angeles Beijing Istanbul Barcelona Miami Chicago Washington DC Moscow Geneva Kyoto Frankfurt Brussels Doha Sao Paulo Mumbai Mexico City Delhi Dallas Houston Johannesburg Atlanta Bangkok Buenos Aires Jakarta Osaka Bucharest Nagoya Manila Source: JLL and The Business of Cities, January 2018!4
The evolving typology of world cities Cape Town Budapest Milan Abu Dhabi Dublin Santiago Ho Chi Prague Tel Aviv Kuala Lumpur Minh City Austin Silicon Dubai Seattle Valley Warsaw Bangalore Denver Hyderabad San Diego Boston Taipei Berlin Munich Guangzhou Stockholm San Francisco Shenzhen Chengdu Hamburg Helsinki Amsterdam Hangzhou Copenhagen Xi an Toronto London New York Suzhou Vancouver Oslo Tianjin Sydney Paris Hong Kong Nanjing Melbourne Tokyo Singapore Auckland Madrid Seoul Wuhan Shanghai Zurich Chongqing Brisbane Vienna Los Angeles Beijing Istanbul Barcelona Miami Chicago Washington DC Moscow Geneva Kyoto Frankfurt Brussels Doha Sao Paulo Mumbai Mexico City Delhi Dallas Houston Johannesburg Atlanta Bangkok Buenos Aires Jakarta Osaka Bucharest Nagoya Manila Source: JLL and The Business of Cities, January 2018!4
Polish cities in the typology of world cities Berlin Tel Aviv Dublin Copenhagen Austin Helsinki Oslo Boston Melbourne Denver Vancouver San Diego Auckland Munich Brisbane Hamburg Tel Aviv Berlin Austin Munich Stockholm Boston Denver Dublin San Diego Amsterdam Toronto Sydney Polish Tier 2 Cities Prague Budapest Bucharest Budapest Bucharest Prague Madrid Warsaw Warsaw Cape Town Santiago Dubai Abu Dhabi Santiago Dubai Abu Dhabi Cape Town London New York Paris Hong Kong Tokyo Singapore Seoul Beijing Taipei Kuala Lumpur Shenzhen Guangzhou Bangalore Hyderabad Frankfurt Vienna Barcelona Geneva Washington, DC Los Angeles Shanghai
Polish cities in the typology of world cities Berlin Tel Aviv Dublin Copenhagen Austin Helsinki Oslo Boston Melbourne Denver Vancouver San Diego Auckland Munich Brisbane Hamburg Tel Aviv Berlin Austin Munich Stockholm Boston Denver Dublin San Diego Amsterdam Toronto Sydney Polish Tier 2 Cities Prague Budapest Bucharest Budapest Bucharest Prague Madrid Warsaw Warsaw Cape Town Santiago Dubai Abu Dhabi Santiago Dubai Abu Dhabi Cape Town London New York Paris Hong Kong Tokyo Singapore Seoul Beijing Taipei Kuala Lumpur Shenzhen Guangzhou Bangalore Hyderabad Frankfurt Vienna Barcelona Geneva Washington, DC Los Angeles Shanghai
Polish cities punch above their weight Cross-Border Real Estate Investment Intensity Index 1 2 3 4 London Edinburgh Krakow Frankfurt 11 12 13 14 Poznan Oslo Prague Paris 21 22 23 24 New York Copenhagen Melbourne Warsaw Global Top 30 Q1 2018 5 6 7 Amsterdam Wroclaw Berlin 15 16 17 Sydney Helsinki Riga 25 26 27 Hong Kong Rotterdam Sofia 58 72 Lodz Gdansk 8 Munich 18 Brussels 28 Seattle 9 Katowice 19 Dublin 29 Washington DC 10 Vienna 20 Budapest 30 Boston Ranking includes top 150 cities in JLL s Global300, plus Polish cities!6
The world s most transparent cities Source: Global Real Estate Transparency Index, JLL, 2016!7
The world s most transparent cities Highly Transparent Transparent 1 London 11 Singapore 2 Sydney 12 Stockholm 3 Toronto 13 Warsaw 4 New York 14 Zurich 5 Paris 15 Hong Kong 6 Auckland 16 Brussels 7 Amsterdam 17 Copenhagen 8 Dublin 18 Oslo 9 Frankfurt 19 Tokyo 10 Helsinki 20 Prague Source: Global Real Estate Transparency Index, JLL, 2016!7
The world s most transparent cities Highly Transparent 1 London 2 Sydney 3 Toronto 4 New York 5 Paris 6 Auckland 7 Amsterdam 8 Dublin 9 Frankfurt 10 Helsinki Source: Global Real Estate Transparency Index, JLL, 2016 Transparent 11 Singapore 12 Stockholm 13 Warsaw 14 Zurich 15 Hong Kong 16 Brussels 17 Copenhagen 18 Oslo 19 Tokyo 20 Prague Poland firmly among Transparent Markets rivalling Nordics and Asian Gateways Transparent Semi-Transparent Poland s Steady Rise in Real Estate Transparency 2004 2006 2008 2010 2012 2014 2016 Transparency Score (Inverse)!7
Foundations Management Long-Term Globalisation 1 2 3 4 5 6 7 8 9 10 Cultivate Innovation Pathways Nurture and Attract Talent Build Infrastructure Platform Good Governance Work Towards Transparency Build Smartness Safeguard Affordability Develop Effective Branding Develop Resilience Think Globally
How can Polish cities stay ahead?!9
How can Polish cities stay ahead? Innovation Governance Start-Ups Efficient Public Services Next Generation Firms Co-ordinated Approach Real Estate Transparency Funding Going Global Exporting Polish Ideas Talent Liveability & Branding Migration Balance Ageing Populations Engagement with Peers World-Beating Firms!9
Real estate is a driver of city success, not just a consequence!10
Real estate is a driver of city success, not just a consequence Smart, productive and flexible real estate Creating a sense of place Fostering innovation and collaboration Improving liveability Driving the sustainability agenda Facilitating transparent business practices!10
Jeremy Kelly jeremy.kelly@eu.jll.com +44 (0)20 3147 1199 2018 Jones Lang LaSalle IP, Inc. All rights reserved.!11