Tallest Real Estate in World’s Fastest Growing Cities

Thinking about investing in real estate abroad? According to this Brookings report done in February of 2015, these cities have the fastest growing GDP and employment growth of all the countries in the world, which makes them ideal for investment. Using this report, we have found the tallest sky scrapers, housing the hottest businesses and offices, in the five fastest growing cities in the world. You might be surprised that three of the five cities are in one country!

 

5. Dubai, United Arab Emirates

West Dubai Panorama - Flickr Creative Commons: Michiel2005

West Dubai Panorama – Flickr Creative Commons: Michiel2005

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Home to the tallest building in the world, the Burj Khalifa, Dubai comes in as the fifth fastest growing city. The Burj Khalifa dwarfs any other building in the world, at 830m (just over half a mile) tall.

This monstrous building houses corporate suite offices, apartments, and a hotel. You can also take an elevator to the top and view the city of Dubai from the observation deck.

Located at the heart of the city, the Burj Khalifa is surrounded by shopping centers, resorts, spas, childcare centers, and many other businesses.

 

 

 

 

 

Flickr Creative Commons: Colin Capelle

 

4. Bursa, Turkey

Bursa, Turkey - Flickr Creative Commons: Eusebius@Commons

Bursa, Turkey – Flickr Creative Commons: Eusebius@Commons

Previously known for its role in the silk business, the north western Turkish city of Bursa is now a major player in the car manufacturing industry (TheNational). The tallest building in Bursa is an office building called Buttim Plaza coming in at 110m. The building includes 98 independent offices and the remainder is filled with various retail businesses. Here is a full list of Bursa’s commercial buildings.

 

3. Istanbul, Turkey

Flickr Creative Commons: Sergey Galyonkin

Flickr Creative Commons: Sergey Galyonkin

Istanbul is the largest city in Turkey with over 15 million residents. Currently, the tallest building in Istanbul is the Sapphire Tower at 261m. The building is soon to be out reached with the construction of the Diamond of Istanbul which will be completed toward the end of 2015, and will reach 270m. Major exports of Istanbul include clothing, automobiles, and electronics.

2.  Izmir, Turkey

Flickr Creative Commons: Janos Korom Dr.

Flickr Creative Commons: Janos Korom Dr.

The tallest buildings in Izmir are a pair of towers called the Folkart Towers (shown above). They stand side by side at 200m tall. The buildings were built by the real estate company, Folkart. According to TurkofAmerica, the population of Izmir is young, and offers investors great potential.

1. Macau, China

Flickr Creative Commons: Tristan Schmurr

Flickr Creative Commons: Tristan Schmurr

Here it is! The fastest growing city in the world. Macau is an eastern chinese city, and is affectionately known as the ‘Vegas of China.’ At just under 360m, the tallest structure in Macau is the Macau Tower.You can go to the Macau tower to eat, shop, get married, or even bungee jump.  Coming in at second is Hotel & Casino Grand Lisboa. With hotels, spas, gambling, restaurants and more, Grand Lisboa has it all. Here is a full breakdown of Macau’s skyscrapers.
Photos used under this license.