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Corporations Target Next Global Hot Spots

ATLANTA-As more companies adopt 'allshore' or multi-shore location strategies, there's a race to second- and third-tier cities worldwide.

By Marita Thomas | Updated on October 30, 2007

ATLANTA-Space costs are changing rapidly, forcing global corporations to break away from the herd. As a result, companies with “allshore” or multi-shore location strategies are focusing on second- and third-tier markets throughout the Americas, Europe and Asia, according to panelists at the CoreNet Global Summit here.

During “Around the World in 90 Minutes,” moderated by Dennis Donovan, a principal of WDG Consulting, corporate real estate executives shed light on the world’s emerging hot spots. “We’re looking at cities, not countries,” said Dennis Meseroll, managing director of Tractus Asia.

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