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Tech Cities: The Global Intersection of Talent and Real Estate

With a significant growth forecast for the global tech sector in the next 10 years, the evolution of tech cities around the world as hubs of tech talent and suitable commercial real estate will continue. Explore how tech cities are competing for business across key talent, real estate, and business environment metrics.

Workplace Topics to Explore

The New Wave in the War for Talent: Choice
The war for talent between tech companies isn’t new. For almost a decade, technology companies have battled to attract and retain the most innovative talent.
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Building an Office to Support Employees as People
Tech companies have moved on from flashy amenities like ping pong tables and slides; instead, they are focusing on amenities to support their employees as people.
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The Rise of Innovation Districts
Innovation districts have become a natural solution to the ongoing questions over what workplaces should look like in a post-pandemic world.
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Methodology for Scoring Tech Cities

# Category Metric Source Weighting
1 Talent  Talent pool depth  Emsi  Heavy 
2  Talent  Talent cost  Economic Research Institute (ERI) Medium 
3  Talent  Talent quality  Time Higher Education  Medium 
4  Talent  Talent pool competitiveness  Emsi Medium 
5  Talent  Diversity of workforce  World Economic Forum (WEF)  Medium 
6  Talent  Population growth  Moodys; Various governmental agenciesa  Medium 
7  Real Estate  Office: Asking rents  Cushman & Wakefield  Low 
8  Real Estate  Office: Vacancy  Cushman & Wakefield  Medium 
9  Real Estate  Office: Space under construction  Cushman & Wakefield  Medium 
10  Business Environment  Business confidence  Organization for Economic Co-operation and Development (OECD); Moody  Low 
11  Business Environment  Tech share of economy  Moodys; Various government agencies Low 
12  Business Environment  Digital legal framework  World Economic Forum (WEF)  Low 
13  Business Environment  Worldwide governance ranking  World Bank  Low 
14  Business Environment  Quality of living  Mercer  Low 

 

Footnotes:

1-3 Moody's Analytics Forecasted; Various national labor statistics agencies  9-10 Emsi; Cushman & Wakefield Research 
4 Moody's Analytics Calculated and Forecasted  11-12 Cushman & Wakefield Research 
5-6 Emsi  13 Economic Research Institute (ERI); Cushman & Wakefield Research
7-8 Economic Research Institute (ERI) 
14-16 Cushman & Wakefield Research

Connect with our Authors

David C Smith (image)
David Smith

Head of Americas Insights, Global Research
Atlanta, United States


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Robert Sammons San Francisco Research
Robert Sammons

Senior Research Director, Northwest
San Francisco, United States


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Elisa Konik Oakland Advisory Group Leader
Elisa Konik

Vice Chair
Remote, United States


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Dimitris Vlachopoulos - London
Dimitris Vlachopoulos

Head of Portfolio & Location Strategy, EMEA
Athens, Greece


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