Cities leading in commercial real estate investment

23 February 2012 Geoff Zeiss

At the Global Infrastructure Leadership Forum, Rosemary Feenan of Jones Lang Lasalle made the point that most of the world’s private investment in commercial real estate projects goes to a relatively small number of cities.  Her list for 2010/2011 of the top 30 cities for direct commercial real estate investment for 2010-2011 and the total amount invested in billions is interesting.

  1. London          $43 billion
  2. Tokyo            $32
  3. New York        $27
  4. Hong Kong     $18
  5. Paris            $18
  6. Singapore     $15
  7. Washington DC $13
  8. Seoul           $12
  9. Toronto         $10
  10. Shanghai      $10
  11. Las Angeles   $10
  12. Beijing        $8
  13. San Francisco  $8
  14. Chicago        $7
  15. Taipei         $7
  16. Sydney         $7
  17. Stockholm      $6
  18. Boston         $6
  19. Moscow         $6
  20. Frankfurt      $5
  21. Melbourne      $5
  22. Berlin         $5
  23. Calgary        $5
  24. Rio de Janeiro $5
  25. San Diego      $5
  26. Hamburg        $4
  27. Munich         $4
  28. Miami          $4
  29. Sao Paulo      $4
  30. Manchester     $4

It is interesting that the top 10 includes Singapore and Toronto, both relatively small from a population perspective.  According to a recent report, Toronto leads other cities in North America by a considerable margin in number of tall buildings under construction, most of which are residential.

Geoff Zeiss

Geoff Zeiss

Geoff Zeiss has more than 20 years experience in the geospatial software industry and 15 years experience developing enterprise geospatial solutions for the utilities, communications, and public works industries. His particular interests include the convergence of BIM, CAD, geospatial, and 3D. In recognition of his efforts to evangelize geospatial in vertical industries such as utilities and construction, Geoff received the Geospatial Ambassador Award at Geospatial World Forum 2014. Currently Geoff is Principal at Between the Poles, a thought leadership consulting firm. From 2001 to 2012 Geoff was Director of Utility Industry Program at Autodesk Inc, where he was responsible for thought leadership for the utility industry program. From 1999 to 2001 he was Director of Enterprise Software Development at Autodesk. He received one of ten annual global technology awards in 2004 from Oracle Corporation for technical innovation and leadership in the use of Oracle. Prior to Autodesk Geoff was Director of Product Development at VISION* Solutions. VISION* Solutions is credited with pioneering relational spatial data management, CAD/GIS integration, and long transactions (data versioning) in the utility, communications, and public works industries. Geoff is a frequent speaker at geospatial and utility events around the world including Geospatial World Forum, Where 2.0, MundoGeo Connect (Brazil), Middle East Spatial Geospatial Forum, India Geospatial Forum, Location Intelligence, Asia Geospatial Forum, and GITA events in US, Japan and Australia. Geoff received Speaker Excellence Awards at GITA 2007-2009.

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