London, New York City, Paris and Tokyo retain spots in Heitman Real Estate Securities Group’s (HRES) annual real estate market rankings for its Global Prime Real Estate Securities Strategies.
“Although the composition of this year’s rankings remains relatively unchanged, with Dublin marking the only new entrant, we did see some interesting movement in each city’s relative scores. Overall, North American and European cities rose in tandem, generally outperforming those in Asia Pacific on both ranking and cumulative scores.” said John White, Heitman senior managing director, listed real estate securities. “Cities have shown a remarkable ability to bounce back from crises — including from plagues and pandemics — and it appears that we are seeing something similar with the COVID-19 pandemic.”
White added: “Cities have been and will continue to be hubs of innovation and creativity, and for those reasons, among others, will remain attractive for people to
