April 2018 | Dallas, TX — How many commercial leases are there in the world? The size of the global commercial real estate leasing market is one that has not received significant study to date. It’s an interesting question to consider, and with the upcoming FASB lease accounting changes that will require the future value of commercial lease obligations to show on occupier balance sheets, it’s a timely one.
In an attempt to put forth a defensible answer, RealFoundations founder David Stanford and Senior Research Consultant Ward S. Caswell worked together to estimate the quantity of leases for office, industrial and retails markets in approx. 90 countries. What follows is an overview of the results and the methodology used to arrive at that number. We hope this ‘study’ will spark a conversation – read it, think about it and then let us know what you think.
For questions, comments or to begin a dialogue about this study, please contact:
Naomi Souza | Naomi.Souza@Realfoundations.net | +1 214 292 7086
About RealFoundations RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 400+ client-serving professionals and off-shore delivery capabilities in China and India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it is used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. We Make Real Estate Run Better.