60 seconds on investing in "brain cluster" cities

Seattle is a prime example of the type of city our real estate investment team favours. This video explains why.

13/06/2017
Seatlle_3_685w

Authors

Hugo Machin
Co-Head of Global Listed Real Assets

Although 80% of the world’s economic growth comes from cities, within that there’s a very different story.

There are certain post-industrial cities with a strong manufacturing base that are doing less well. So even though these cities have huge scale and population, there is really nothing driving their economies forward.

On the other side of the coin, when you look at a city like Seattle on the west coast of the US we can see a city which typifies what we look for.

Seattle has a very strong innovation centre. It is what we describe as a “brain cluster”, where technology and research institutes meet and drive the new economy forward.

Effectively you get a self-fulfilling prophecy where strong job creation creates further economic activity. This in turn draws people into that city and really drives the city's economy forward.

Authors

Hugo Machin
Co-Head of Global Listed Real Assets

Topics

Real Estate
US
Video
Podcasts

Gostaríamos de informá-lo de que a designação do Schroder Investment Management (Luxembourg) S.A. ("SIM Lux") mudou para Schroder Investment Management (Europe) S.A. ("SIM Europe") em 27 de junho de 2018.

Para mais informações consulte a Carta aos Acionistas.

Schroder International Selection Fund é referido como Schroder ISF neste website.

Schroder Alternative Solutions é referido como Schroder AS neste website.

Para fins meramente ilustrativos, não constituindo uma recomendação para investir no título/setor/país acima mencionado.

© Copyright 2020 Schroder Investment Management (Europe) S.A.