Emerging markets to drive property growth

INCREASED real estate investments in emerging markets such as the Philippines is a trend that the global property market will be seeing this year, according to a real estate services firm.

In a report, global commercial real estate services company Cushman & Wakefield forecast that global real estate trading volumes will increase 4.2 percent, driven by several factors such as increased profit trading, a strong debt supply, unsatisfied demand among existing players in the segment and emerging new sources of new capital.