Corporate trust buoys global property market

WHILE the outsourcing-driven office market buoys the local real estate sector, corporate occupiers in the global scene are in a growth mode as well, generally invigorating leasing activity and real estate worldwide.

In its fourth quarter 2015 Global Perspective Report, Jones Lang Lasalle, a financial and professional services firm based in London, said corporate occupiers remain in expansion mode in majority of global commercial centers, driving strong demand for real estate in established hubs like London, New York, and Sydney, in addition to more emerging centers like Shanghai, Delhi, and Bangalore.