Investing in future cities

Our key long-term themes of technology, energy and demographics are all having profound impacts on how we live and work. This has implications for the future of our cities. In this article we explore the factors which determine a city’s success, what we look for as investors and how we might identify and replace key ‘missing ingredients’.

How do you defne a good city? This is in the eye of the beholder but as investors we look for areas where demand for services is sustainable and likely to grow. In real estate we believe we can demonstrate that employment growth is associated with the resilience and growth of property income and overall investment performance. Understanding what infuences employment growth, therefore, is paramount.