We use cookies for a better user experience. Read our Privacy Policy
I AgreeStakeholders and players in the global real estate market deal with buying, renting, leasing, and selling of the real estate properties. These include industrial and commercial properties as well as condominiums for both personal household as well as commercial purposes. Business in the commercial sector in global real estate market has been on the rise significantly in the past few decades owing to rising number of major and leading international players entering the regional and local markets. High demand for medical and healthcare infrastructure is also pivotal for the expansion of the global real estate market in coming years.
On the other hand, political uncertainty in certain geopolitical hotspots around the world may hamper the growth in the global real estate market in coming years. This trend can be attributed to hesitation from various investors owing to unsure timelines for real estate project initiation as well as unsure returns on these properties. However, increasing number of residential and commercial real estate projects along with rising global population is expected to fuel the demand in the global real estate market in coming years.
Global Real Estate Market: Major Trends and Drivers
Rising demand for residential housing real estate space and fast paced urbanization owing to increased migration of population in search of enhanced and better housing amenities are two of the most essential drivers for the growth of the global real estate market. As per the report by the United Nations, around 50 % of the population currently lives in and around metropolitan and urban areas. This number is projected to expand to 65 % in coming years, owing to rising amount of migration that is shifting the cityscapes to form megacities with better residential as well as commercial amenities.
Furthermore, fast paced economic development in various developing regions as well as economies including China, India, and several countries in Africa region are also aiding in the expansion of the global real estate market in coming years. Some other factors influencing the development of the global real estate market include lower mortgage and rental rates in developing economies as well as impressive government reforms supporting the industry.
Some of the key incumbent players functional within the global real estate market include Central General Development Co., Ltd., Grainger Plc., LeadingRE, Equity Residential, Dalian Wanda Group, and Aston Pearl Real Estate, among others. The business intelligence study provides insights into the competitive landscape of the market and discloses essential data about the leading and topmost players and participants in the global real estate market. The study also shares important information about the nature of the competition in the industry and regarding various expansion and growth strategies adopted by key participants in the global real estate market. It also provides crucial information about players in various regional real estate markets over the forecast period.
Key regions assessed in the research report on the global real estate market include North America, Asia Pacific, Middle East and Africa, Latin America, and Europe. Middle East and Africa as well as Asia Pacific are likely to emerge as potential hotspots for the expansion of the global real estate market owing to the increased investments bolstered by favourable government regulations as well as massive regional population. These two regions, along with North America are poised to witness substantial growth in demand in global real estate market in coming years. This trend can be attributed to increasing favourable reforms in government policies surrounding the field of real estate and rising regional populations.
N/A