Global Commercial Real Estate
The Global Commercial Real Estate industry recovered from the difficult recessionary environment, fueled by a global credit crunch and a notable contraction in lending, real estate transactions, construction activity and property values. Booming commercial real estate activity in Asia offset declines in other regions, while lower unemployment and higher disposable incomes in mature economies helped revive commercial construction and real estate prices. Over the next five years, industry revenue is forecast to increase as expanding business and retail operations drives revenue growth. Additionally, the global real estate market will increasignly shift toward burgeoning countries where consistent growth will be apparent.
Operators in this industry buy, sell, rent and operate owned or leased real estate, including income-generating residential properties (e.g. apartment buildings) and commercial properties (e.g. retail malls, hotels, restaurants and casinos). The industry also includes real estate services, such as brokerage, property management, valuation and other consulting services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.