The report "Global Real Estate Market, By Type (Selling and Rental Activities, Leasing of Property and Condominiums for Commercial, Personal Household Usage, and Brokerage Services), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030"
Real estate market accounted for US$ 4,451 billion in 2018 with a CAGR of 1.20%. Block chain for real estate industry, crowd funding investments in real estate and technology to improve agent services are the major trends witnessed in the global real estate market. Factors such as the increasing demand for housing real estate space, rapid urbanization through migration in search for better amenities.
Key Highlights:
- On January 20, 2020 Stuart McCann to Join CBRE as Head of International Capital, Pacific and Southeast Asia.
- On July 11, 2019 New World Development Company China Land Limited is committed to developing the Greater Bay Area with a forward-looking business strategy and continued venture operations in Shenzhen and Guangzhou.
Key Market Insights from the report:
The global Real Estate market accounted for US$ 4,551 billion in 2018 and is projected to register a moderate CAGR of 1.20% over the forecast period. The market report has been segmented on the basis of type, and region.
- By type, the rental activities market accounts for the largest share in the global real estate market as well as Commercial real estate business had grown exponentially in the last decade owing to increased number of key players entering the regional market as well.
- By region, in North America accounts highest revenue share to the global real estate market due to the population lives in urban areas and this figure is set to increase during forecast period owing to the migration into cities which turn into megacities with bustling urban amenities and lifestyle.
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The prominent player operating in the global Real Estate market includes CBRE Group, Jones Lang LaSalle Inc., New World Development Company Limited, Colliers International, New mark Grubb Knight Frank, Camden Property Trust, Deutsche Wohnen AG, Marcus and Millichap, HFF Inc., Real Estate Maximums, LLC.
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