The Big Apple has emerged as the premier Tech City in this year’s index, overtaking San Francisco
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Rising on a global stage, tech centres such as Bengaluru, Chengdu and Buenos Aires are magnets for talent in their regions, supported by lower-cost real estate
Chinese Tech cities now account for a higher share of VC investment than their US counterparts
"The government persists in regulating and stabilising the real estate market and promoting the idea that residential property is not for investment speculation but for living only.”"
"Demand for the Chongqing retail property market picked up during the quarter, with vacancy rates falling by 0.7 of a percentage point (ppt) to12.4%."
"In Q4/2018, the three major sectors of finance, real estate and professional services continued to lead new demand in the city, driving the city’s vacancy rate down to 35.9%. Third-party space operators continued to expand during the quarter, with Funwork settling in Jiangbeizui and Jiefangbei."
"Industrial sector bottoming out."
"The fundamentals of Japan’s hospitality industry are strong, despite a year marked by natural disasters, and limited-service hotel performance has remained relatively sound. Though stricter minpaku regulation has reduced some competitive pressure on the industry, high supply levels and looming macro headwinds could weigh on the market."
"Impacted by a slower economy and the continuing crackdown on P2Pcompanies, Hangzhou’s Grade A office market saw weaker demand in 2018;despite this, co-working operators continued to expand in the city."
"Uncertainty surrounding the economy and ongoing trade war has seen somecompanies adjust their leasing strategies. Consequently, there has beena decline in activity in the Beijing office market."
"Urban planning policy in Beijing will limit future supply of commercial assets in the city, further highlighting the value of existing assets. Institutional investors have jumped on this opportunity and completed many en-bloctransactions in Q4/2018.”"
"Business travel may suffer from the ongoing economic uncertainty, but China’s tourism sector saw upticks in arrivals indicating that there isstill solid demand from both domestic and international travellers.”"