- In 2050, 41 “mega-cities” are forecast to house more than 10 million inhabitants each, from 28 mega-cities today and ten in 1990.
- Self-managed superannuation funds (SMSF) need to consider how their portfolios are exposed to trends, such as urbanisation, that take years or decades to play out.
- Three companies worth consider are National Storage REIT, Urbanise.Com and iProperty Group.
Few trends are more powerful – and potentially more prosperous – than urbanisation. Global population growth and worker migration to large cities will add another 2.5 billion people to urban populations by 2050, the United Nations projects.
Forty-one “mega-cities” will house more than 10 million inhabitants by then, from 28 mega-cities today and ten in 1990. India, China and Nigeria will account for 37% of the world’s urban population as rural workers continue to flock to large cities.