Jones Lang LaSalle (JLL) has found that there is a correlation between real estate values and improved infrastructure, in an effort to assess the impact of the projected Colombo Light Rail Transit (LRT) on real estate values.

Taking historical and global case studies into consideration, JLL notes that infrastructure drives sustainability, and can provide major lifestyle improvements by upgrading inadequate systems and removing transport bottlenecks.

According to the global real estate consultancy, an integrated LRT system is vital to Colombo’s goals of alleviating chronic congestion issues, and achieving a more sustainable and environmentally-friendly city comprising multiple commercial centres.