2025全球商务区吸引力报告

Powerhouses in questionNovember, 2025 Content Global survey: what isexpected of GBDs in 2025?4 Ranking: evaluating30 global powerhouses6 Four megatrends: redefiningthe urban core9 About the report14 The third edition of theGlobal Business DistrictsAttractiveness Report, by EY and the Urban LandInstitute for the GBD Innovation Club, launches onNovember 14, 2025. This edition evaluates thetop 30 business districts worldwide using expertinsights, a global survey of 200 ULI members, anddata analysis across eight categories reflecting keytrends and success factors. Foreword Global Business Districts (GBDs) serve as thedynamic centers of major cities worldwide,integrating office, commercial, residential,and recreational spaces to meet the needsof various stakeholders, including corporatetenants, developers, visitors, and residents. Inrecent years, GBDs have undergone notabletransformations influenced by technologicaladvancements, changing economic conditions,global disruptions, and the increasingprevalence of remote work. These factorshave raised expectations among occupiers,investors, and management teams. The combination of digital transformationand sustainable urban planning is shapingGBDs into not only economic powerhouses butalso flexible communities that address futuresocietal needs. The 2025 GBD Attractiveness Report,created by EY and ULI for the GBD InnovationClub, provides a detailed assessment of theworld’s 30 leading GBDs. Applying a rigorousmethodology — including expert insights, aglobal survey, and extensive data analysis—thereport evaluates hundreds of factors importantto stakeholders. GBDs are assessed acrosseight key categories that reflect the criticaldrivers of their current and future success. In contrast to traditional Central BusinessDistricts (CBDs), which primarily focuson advanced services and corporateheadquarters, GBDs are characterized by theirglobal reach, connectivity, and the presence ofmultinational corporations. They feature largeoffice spaces, dense urban development, andiconic architecture. This report owes much to the invaluablesupport of the ULI-led Advisory Committee,and we express our sincere gratitude toall contributors for their participation andassistance. Functioning as global centers for capital,talent, and decision-making, GBDs arerecognized as a significant asset class in realestate, attracting cross-border investments.This report explores what differentiatesGBDs and how they are adapting to emergingchallenges and opportunities in a rapidlyevolving environment. CHEN DAI Chairwoman, Global BusinessDistricts Innovation Club, andDirector, Beijing CBD MARC LHERMITTEPartner, EY As GBDs continue to develop, they promoteinnovation, sustainability, and urban resilience.Policymakers and business leaders areemphasizing smart infrastructure, inclusivecommunities, and improved quality of life tomaintain the global competitiveness of GBDs. LISETTE VAN DOORNCEO, Urban LandInstitute Europe Global survey: what isexpected of global businessdistricts in 2025? The enduring power of GBDs 63% Five years after the pandemic cast doubt on the future of office-centeredeconomies, GBDs are on the rebound. of stakeholders view GBDsas more attractive than theywere half a decade ago. According to the 2025 report,63% of stakeholders now consider GBDsmore attractive than in 2020, confirming their enduring magnetism asthe command centers of the global economy. GBDs — such as Midtown Manhattan, London’s City, Tokyo Marunouchi,Paris-La Défense, and Singapore’s Downtown Core — host a uniqueconcentration of multinational power, talent and mixed-use infrastructure. Collectively, the world’s 30 largest Global Business Districts employ over7million professionals. These business districts shape the skylines of majorcities and anchor business activity across urban areas that generate USD4.5 trillion in annual GDPand that are home to a combined 350 millionpeople. They are headquarters to84 Global Fortune 500 companies,with a total of 296 HQs spread across their metro areas. employees in Top 30 GBDs Challenges and opportunities 9% GBDs no longer contend with the immediate effects of the pandemic, butthey still face major obstacles. They must adapt tonew economic realitiesand rising costs, with only 9% of respondents strongly believing businessespay fairly for value received. Economic uncertainty and trade tensionsare increasing expenses, making real estate — a significant cost — a keyconsideration. Demand for office space is low except for grade A sustainablebuildings, while secondary office spaces continue to see weak interest. of stakeholders “stronglyagree” that businesses inGBDs pay a fair price forthe value received. Fewer than 10% of GBD stakeholders feel they are effectively addressing boththe transition to a net zero economy and climate change risks. Innovationremains inconsistent, as only 12% of their cities’ unicorn companies arebased in GBDs and just 19% of participant