What Makes Cities Successful Randstad on the World Stage
1966 7 World Cities London Moscow New York Paris Randstad Rhein-Ruhr Tokyo
Today: JLL City Commercial Attraction Index Top 20 Population Economic Output Corporate Presence Connectivity Real Estate Stock Real Estate Investment 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Tokyo New York London Paris Los Angeles Chicago Shanghai Seoul Washington DC Beijing Moscow Hong Kong Atlanta Dallas Singapore San Francisco Randstad Houston Sao Paulo Toronto 2
LIVEABILITY SUSTAINABILITY BUSINESS FRIENDLINESS TRANSPARENCY GOVERNANCE TALENT TECHNOLOGY The Language of a Modern Competitive City GLOBAL FLUENCY Brookings/Greg Clark 3
LIVEABILITY SUSTAINABILITY BUSINESS FRIENDLINESS BUSINESS FRIENDLINESS TRANSPARENCY GOVERNANCE TALENT TECHNOLOGY The Language of a Modern Competitive City GLOBAL FLUENCY Leadership with a world view Opportunity and appeal to the world Global orientation International connectivity Specializations with global reach 10 Ability to secure inward investment Adaptability to global dynamics Government as global enabler Culture of knowledge and innovation Compelling global identity Brookings/Greg Clark 4
The rise of the Super Cities account for 20% of real estate investment Paris New York London Tokyo 5
Evolving Systems of Cities One North Super City Manchester Leeds Newcastle Liverpool Sheffield Toronto-Waterloo Super Cluster Waterloo Hamilton Toronto Greater Boston Cambridge Boston I-90 San Francisco Bay Silicon Valley San Francisco Oresund Copenhagen Malmo Randstad The Hague Rotterdam RheinRuhr Duisburg Essen Dortmund Bonn Cologne Dusseldorf Gauteng Amsterdam Utrecht Johannesburg Soweto Pretoria Kansai Kyoto Kobe Osaka Yangtze River Delta Suzhou Shanghai Hangzhou Wuhan 1+8 City Cluster 6
Randstad on the World Stage City competitiveness indices Real estate investment flows Competitive strengths What to look out for? 7
The Business of City Competitiveness 150 Performance Indices.and Counting Month 00, 2014 8
Performs Strongly in Innovation and Sustainability Source: 2ThinkNow, Siemens 2ThinkNow - Innovation Index Siemens - Green City 1 Boston 1 Copenhagen 2 New York 2 Stockholm 3 Vienna 3 Oslo 4 London 4 Vienna 5 Paris 5 Amsterdam 6 Munich 6 Zurich 7 San Francisco 7 Helsinki 8 San Jose 8 Berlin 9 Copenhagen 9 Brussels 10 Amsterdam 10 Paris 11 Hong Kong 11 London 12 Los Angeles 12 Madrid 13 Berlin 13 Vilnius 14 Toronto 14 Rome 15 Frankfurt 15 Riga 16 Seattle 16 Warsaw 17 Stockholm 17 Budapest 18 Lyon 18 Lisbon 19 Tokyo 19 Ljubljana 20 Chicago 20 Bratislava 9
and in Destination Power and Liveability Mastercard - Global Destinations Mercers - Quality of Life 1 London 1 Vienna 2 Bangkok 2 Zurich 3 Paris 3 Auckland 4 Singapore 4 Munich 5 Dubai 5 Vancouver 6 New York 6 Dusseldorf 7 Istanbul 7 Frankfurt 8 Kuala Lumpur 8 Geneva 9 Hong Kong 9 Copenhagen 10 Seoul 10 Bern 11 Barcelona 11 Sydney 12 Amsterdam 12 Amsterdam 13 Milan 13 Wellington 14 Rome 14 Ottawa Source: Mastercard, Mercers 10
Top Cities for Commercial Property Investment Q2 2011 Q2 2014 1-10 US$ bn 11-20 US$ bn Randstad US$ bn 1 London 97 2 New York 90 3 Tokyo 54 4 Paris 52 5 Los Angeles 37 6 Chicago 30 7 Washington DC 29 8 Hong Kong 27 9 Singapore 27 10 Seoul 26 11 Shanghai 25 12 San Francisco 23 13 Boston 22 14 Sydney 22 15 Dallas 18 16 Seattle 17 17 Toronto 16 18 Houston 16 19 Stockholm 15 20 Moscow 15 36 Randstad 8.1 46 Amsterdam 5.2 88 The Hague 1.7 113 Rotterdam 0.7 121 Utrecht 0.5 Investment volumes in US$ billions Source: JLL, 2014 11
Cross-Border Real Estate Investment Activity Real Estate Investment, Q2 2011-Q2 2014 London: US$97 bill New York: US$90 bill Paris: US$52 bill Tokyo: US$54 bill 73% 27% 45% 55% 59% 41% 31% 69% RANDSTAD: US$8 bill 36% 34% Cross-Border 64% Domestic 12
City Competitiveness Cobwebs Corporate Presence Connectivity High-Tech Industry Connectivity Population Education Population Corporate Presence High-Tech Industry Education Amsterdam City GDP The Hague City GDP Office Stock Investment Intensity Real Estate Transparency Country Risk Office Stock Cross Border Investment Investment Intensity Cross Border Investment Real Estate Transparency Country Risk Corporate Presence Connectivity Population High-Tech Industry Connectivity Population Corporate Presence High-Tech Industry Rotterdam Education Education City GDP Utrecht City GDP Office Stock Investment Intensity Cross Border Investment Real Estate Transparency Country Risk Office Stock Investment Intensity Cross Border Investment Real Estate Transparency Country Risk Based on comparison with 100 global cities Source: JLL, July 2014 13
City Competitiveness Cobwebs Randstad City GDP Population Office Stock Corporate Presence Investment Intensity Connectivity Cross Border Investment High-Tech Industry Education Country Risk Real Estate Transparency Based on comparison with 100 global cities Source: JLL, July 2014 14
Innovation Clusters Tech Start Ups and Patents San Francisco Bay Los Angeles Tech Start-ups London Boston New York DC/Baltimore RANDSTAD Utrecht Rotterdam The Hague Amsterdam Patents San Francisco Bay Boston San Diego Paris RANDSTAD Tokyo Osaka Source: OECD, Crunchbase 2014 Eindhoven Amsterdam Rotterdam The Hague Utrecht 15
Long- term Momentum JLL City Momentum Index Top Cities Short-term Momentum Incubator Cities Paris, Berlin, Chicago Randstad Copenhagen, Sydney High-Tech Hubs San Francisco, San Jose Austin, Boston, Seoul Toronto, Munich Elite Cities London, New York Hong Kong, Singapore Los Angeles BRIC Urbanisers Shanghai, Beijing Wuhan, Chengdu, Tianjin Shenzhen, Guangzhou Mumbai, Delhi, Chennai Resurgent Cities Dubai, Tokyo Dublin Beyond the BRICs Lima, Jakarta, Bogota Manila, Bangkok Jeddah Source: JLL, 2014 16
Randstad What to look out for? Rise of Systems of Cities Competition and Opportunity from the Super Cities Randstad s global supremacy in Science and Technology The power of City Leadership and Vision 17
Randstad on the World Stage COPYRIGHT JONES LANG LASALLE IP, INC. 2014