Corporate Lettings Market Rises With Senior Talent Demand
Activity in Asia led the way as businesses increased their spending on relocating and hiring senior staff around the world in 2012, according to estate agency Knight Frank's ' Global Corporate Lettings Review 2013 .' The report, available online, notes that 60% of respondents to the survey noted a rise in corporate relocation budgets for senior executives last year. Overall, the flow of talent is still from West to East, with three of the major business centres seeing greatest increases in prime rental growth across 2012 found in Asia (Beijing, Dubai and Shanghai), with the Kenyan capital of Nairobi topping the list with 17.9% growth for the second year running. Zurich completes the top five.