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Main article: World Economy
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2024: The global real estate market reached $4.13 trillion for the year
In 2024, the global real estate market amounted to $4.13 trillion. More than half of this amount was in the Asia-Pacific region. Industry data is provided in Grand View Research, which TAdviser reviewed at the end of July 2025.
Analysts call the development of the commercial real estate sector the main driver of the market. Growth in this segment is due to several factors, in particular, the rapid expansion of e-commerce, which stimulates the demand for warehouses and logistics centers. In addition, the popularity of hybrid work models leads to the reorganization and modernization of office premises. After the COVID-19 pandemic, there is a recovery in the retail and hospitality sectors. Large-scale infrastructure projects and increased foreign investment in commercial assets, especially in developing countries, have a positive impact on the industry.
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The share of residential real estate in the total market volume in 2024 amounted to 35.33%. The study said 51.4% of all revenue came from renting: remote and hybrid work stimulates the need for temporary housing, primarily in cities with developed digital infrastructure and an attractive lifestyle. From a geographical point of view, in 2024, the Asia-Pacific region was in the lead with a share of 52.8%. Globally, significant players are named:
- Brookfield Asset Management;
- Prologis;
- Simon Property Group;
- Coldwell Banker;
- Keller Williams Realty;
- CBRE Group;
- Sotheby’s International Realty Affiliates;
- Colliers.
In 2025, the market size is expected to reach $4.33 trillion. Analysts at Grand View Research believe that in the future, the CAGR will be 6.2%. Thus, by 2030, expenses may increase to $5.85 trillion.[1]
2021: A new company has appeared in the top three largest real estate owners in the world - ESR Cayman
In early August 2021, a new company appeared in the top three largest real estate owners in the world - Hong Kong ESR Cayman. She buys the equity of real estate fund manager ARA Asset Management for $5.2 billion. After the acquisition, assets under the management of the combined company will amount to $129 billion, which will lead ESR Cayman to the top 3 of this industry. Read more here.
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