London has maintained its position in top spot for property investment, relative to city size, according to the latest Q2 2015 JLL City Investment Intensity Index.
Other cities in the global top five were Munich, in second place, Sydney third and Oslo fourth. Honolulu came fifth, with large single-asset retail transactions contributing to its performance.
Tech-rich cities with a high quality of life and strong environmental credentials are also doing well. US tech hubs such as such as San Jose/Silicon Valley and San Francisco feature in the top 15.
Dublin also performed strongly, moving six places up the global rankings from 20th to 14th in the last 12 months. Ireland’s capital was placed above Paris (15th), Gothenburg (16th), New York (17th), Boston (18th), Brisbane (19th) and Warsaw (20th).
JLL’s managing director and head of investment, John Moran, said: “It is great to see Dublin up in the top 15 ‘healthy’ investment markets in the world and that we are not just alongside, but beating, some of the global real estate super-cities.
“Dublin has had a strong 12 months, with a record investment volume in 2014 (€4.5bn) that was even greater than the previous peak in 2006. This year has started equally strongly, and year-end volumes are forecast to total €3-3.5bn.”
