Heitman: Top-tier global hub cities continue to lead rankings

Heitman announced the results of its annual real estate market rankings for its Global Prime Real Estate Securities Strategies (Prime). This year’s metro rankings were topped by London, New York and Paris.

The Prime strategy was launched in 2014 to provide investors access to a liquid real estate securities portfolio consisting of shares of public companies that own top-tier properties in the world’s dominant cities. The annual composition of the rankings are part of the screening process that HRES uses to identify cities and investee companies and REITs for potential inclusion in the firm’s Prime strategies.

“Although the composition of this year’s rankings remains relatively unchanged, with Taipei marking the only new entrant, we did see some interesting movement in each city’s relative scores. For instance, although London and New York retained the top two spots, our proprietary total scores for those markets actually fell, as opposed to cities like Seou