The pace and scale of change in today’s globalized, digitized economy is leading to an unprecedented transformation of our cities. Cities need to adapt, build and foster innovation ecosystems in order to maintain their competitiveness and gain the benefits of this rapid shift.
JLL’s City Momentum Index (CMI), now in its fifth year, tracks a broad range of factors to identify those cities which possess the attributes for success over the short and long term.
The CMI Short-Term Momentum rankings identify the urban economies and real estate markets which are currently undergoing the most rapid growth. They highlight the continued rise of Asia Pacific’s cities as destinations for global capital, commerce and innovation, with markets from the region accounting for 25 of the Global Top 30.
The Index covers 131 major established and emerging markets and tracks a broad range of factors to identify cities that have the strongest short-term socio-economic and commercial real estate momentum, and those that have the future-proofing capacity for longer-term success.