The Knight Frank Wealth Report identifies hot spots around the world for private property investments. Excerpts from the review
Amsterdam, The Netherlands
Amsterdam is working its way up the ranking of European tech locations. Rated one of the five most innovative cities in the world in the 2015 CITIE survey, it has a thriving start-up scene. A host of co-working spaces, including WeWork and Spaces; Uber, Netflix and Tesla are among the major players opting to make Amsterdam their European headquarters.
Miami, US
Miami is reinventing itself as a creative and technology hub. In-movers such as Microsoft's Innovation Centre and the emergence of a lively art scene have led to new districts, restaurants and galleries and have attracted a new generation of residents.
Bengaluru, India
Touted as the IT and start-up capital of India, the city has emerged as an attractive destination for multinational enterprises. It has several top-class, global and state-owned research institutes and organisations, and has built a strong ecosystem to emerge as a leading option for domestic and international businesses.
Berlin, Germany
As a model for successful regeneration, Berlin is currently riding high, with Mitte and Kreuzberg leading the regeneration wave. Pankow, with its buzzing cultural scene, boutiques and nightlife, is also now becoming increasingly gentrified. Recent years have seen an explosion of start-ups with more than 40,000 new companies incorporated each year.
Mexico City, Mexico
Supported by a broad base of corporate industries, Mexico City continues to attract significant foreign direct investment as the gateway to emerging markets in the rest of Latin America. The office market has grown by 200% since 2000, with 170 new buildings. With a new international airport under construction, the city is investing in the future.
Austin, US
Austin is becoming a global model for forward-thinking cities and has gained the title of Silicon Hills, the Silicon Valley of the south. Its innovative mindset, enterprise-friendly environment, entrepreneurial focus and unique culture have transformed it from a government-dominated economy into a technology leader.
Melbourne, Australia
Now the second-largest office market in Australia (behind Sydney), the number of employees based in Melbourne's central business district has increased by more than 24% over the past 10 years. Continued emergence of major projects provides investment opportunities of a scale and diversity to appeal to large investors.
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