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Bengaluru has made its debut in yet another global survey by JLL. The city is figures in the top-20 technology-rich cities globally.
Earlier this year, Bengaluru has made it to JLL’s latest Asia-Pacific city investment intensity index. The index compares volume of direct real estate investment over a three-year period relative to the current economic size of a city, said Anuj Puri, Chairman & Country Head, JLL India.
While global cities like New York, London and Tokyo nearly always rank at the top in commercial real estate investment volumes by virtue of their sizes, the top five cities across Asia-Pacific region are Tokyo, Singapore, Seoul, Sydney and Hong Kong, ranked by three-year rolling direct real estate investment volumes ended second quarter 2015.
Regional city rankings, however, change quite a bit once the size factor is accounted for. Within Asia Pacific, the latest Q2 2015 index sees Sydney and Auckland at the top two spots in terms of real estate investment relative to city size.
Bengaluru is at number 20. Figures in the top-20; far above bigger cities like New Delhi and Mumbai. While Tokyo, Hong Kong and Singapore still rank among the top 10 but Seoul ranks lower (13th).
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