Top-10 of the most dynamic commercial real estate markets in 2020

Global picture of real estate market is constantly changing. Here at GREM, we keep an eye on modern tendencies and local trends. Here is a brief report, indicating the City Momentum Index 2020, where JLL experts determine the most promising cities in the world regarding the development of the real estate market.

TOP-10 cities with the most dynamic commercial real estate markets in 2020 according to JLL:

1.       Silicon Valley, USA

2.       Frankfurt am Main, Germany

3.       Berlin, Germany

4.       Boston, USA

5.       Helsinki, Finland

6.       Austin, USA

7.       Osaka, Japan

8.       Jeddah, Saudi Arabia

9.       Singapore

10.   Warsaw Poland

Silicon Valley rated number one, has become a leader due to a strong technology sector. This also applies to office rental prices, showing a double-digit increase in Silicon Valley, Boston and Austin.

Berlin and Frankfurt, following in tracks of Silicon Valley, are specifically driven by strong demand from corporate clients and investors. In fact, Berlin faced a record cross-border investment activity in 2019, that is why it goes №3 in the rating list.

Osaka has lost last year’s lead, but still remains one of the busiest commercial real estate markets in the world.

Helsinki and Warsaw are in the top ten due to the high activity of investors and affordable offers for corporate clients.

Jeddah was included in the list owing to the hotel sector, which is expected to develop in response to the growth of tourism and further investment in the entertainment sector.

Singapore showing stable growth in rental prices and increased investment in real estate broke into the 10th position.