Centre of attention: European CBDs are displaying strong resilience
In a report released in May 2023 named The Future of the Central Business District, JLL claimed commercial centres across the globe were at “an inflection point”. Three years on from the start of the COVID-19 crisis, central business districts (CBDs) across the world were facing a “fundamental need to reinvent themselves” stated the advisory firm. A year later, JLL’s thesis, in a broad sense, remains true. But in Europe, the picture is now more nuanced