JLL City Momentum Index 2017 Edition4 JLL City Momentum Index 2017 Edition4
10 taaways
from the City Momentum Index 2017
India’s Ascendancy: India has taken over from China as home to the world’s most dynamic cities.
Six Indian cities feature in the CMI Global Top 30, with the country’s primary technology hub,
Bangalore, moving into the top spot for the rst time.
The Ubiquity of Technology: Technology and innovation underpin the positions of many top
cities in the CMI, from Silicon Valley to Nairobi (Silicon Savannah). Strong technology credentials
support the presence in the Global Top 30 of several medium-sized U.S. cities such as Austin,
Boston, Seattle, San Francisco and Raleigh-Durham.
The Rise of Agile Emerging World Cities: The Global Top 30 now includes a number of the most
agile ‘Emerging World Cities’ that are successfully transitioning to higher-value activities. The best-
in-class examples are Shanghai, Shenzhen, Dubai, Bangalore and Hyderabad.
London’s Resilience: London has been knocked o the top position which it has held for the past
two years. Nonetheless, the city has shown impressive resilience following the EU referendum
and its inherent strengths in technology, innovation and education continue to support a Top 10
ranking.
Vietnamese Cities – the Hotspots for FDI: Vietnam has two representatives in the Top 10 – Ho Chi
Minh City and Hanoi. These cities have become a focus for foreign direct investment.
China’s Dynamic City Clusters: Clusters of dynamic cities are evolving in China as intra-regional
connectivity improves. This is evidenced by the appearance in the Global Top 30 of the Yangtze
River Delta cities of Shanghai, Hangzhou and Nanjing.
Australia’s Tier I Cities Outperform: Australia is represented by Melbourne and Sydney, whose
oice markets are expected to be among the top global performers in 2017.
Future-Proong of Northern European Cities: While European cities are largely absent from
the Global Top 30, several have the attributes to support longer-term momentum, combining
specialised knowledge industries, strong educational institutions and supportive living conditions.
Northern European cities dominate the top ranks for future-proong – including Stockholm,
Berlin, Munich and Amsterdam.
Environmental Constraints: Environmental issues are becoming more urgent. For example,
while Delhi and Beijing feature in the Global Top 30, their positions are compromised by poor
environmental scores.
Aordability Compromising Momentum: Aordability and space constraints are hindering
momentum in some cities. For example, San Francisco has fallen out of the Top 20 for the rst
time, while the absence of Hong Kong in the Global Top 30 can be partly ascribed to supply
constraints stiing momentum.
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