The results of Global300 research carried out by Jones Lang LaSalle (JLL) have been announced.
According to the research there are 30 cities described as The World’s Biggest Business Centers and Real Estate Markets”. Istanbul city has ranked number 20 in the world and number 4 in Europe in this research of Global300 where the cities have been in the center of global commercial real estate activities.
In the first four places, there are Tokyo, New York, London and Paris that are qualified as “super cities”. Istanbul has ranked in the second top 10 with the cities like Washington DC, Hong Kong and San Francisco. Istanbul is followed by the cities like Boston, Sydney and Frankfurt in this list.
In the research, it has been highlighted that thanks to the its power taking from its fastly growing economy and population, Istanbul is proceeding as one of the four mega cities of Europe with Paris, London and Moscow. The cities that are ranked in Global300 are describes as the most powerful, productive and associated cities in the world. They form 40% of the global economic activites with 1,3 billion people that they harbour.
In the research in which the doubling (over 80 million in the last 5 years) of the number of the arriving passengers who come to Istanbul by air is highlighted, it is recorded that the importance of the city’s being a transportation center is increasing day by day. It is also said that the investments made to Istanbul is carried out with the new metro lines as well as the Third Bridge and the Third Airport and The A-class office stock in the city is expected to increase 57% in the next 3 years.