Jones Lang LaSalle Inc., one of the world’s largest real estate service companies, reported earnings that beat Wall Street expectations as business surged on a global rebound in sales.

It said its second-quarter net income rose to $44 million, or 99 cents a share, from $32 million, or 72 cents a share in the year-earlier quarter.

Stripping out $8 million for restructuring and acquisition-related charges, the company reported net income of $50 million or $1.12 per share, compared with $37 million or 83 cents per share in the year-earlier period, the company said on Tuesday.

Analysts on average had expected the Chicago-based company to earn $1.09, according to Thomson Reuters I/B/E/S.

Jones Lang LaSalle, with a business that includes brokering sales, financing and leases as well as managing properties, saw its revenues rise 24.3 percent to $845.3 million, beating analysts’ expectations of $794.93 million,

Global investment in commercial real estate is on the rise as institutional investors, who have recovered from losses on ambitious investments before the credit crisis, seek higher yields in a low-yield environment. Low borrowing costs are aiding new investment.

Jones Lang LaSalle’s revenues rose 17 percent to $384.4 million in the Americas. In Europe, the Middle East, and Africa, revenues rose 15 percent to $218 million and were up 26 percent in Asia to $214.5 million.