Industry Analysis & Industry Trends
The global recession led to a notable contraction in the Global Commercial Real Estate industry during 2009 and the early half of 2010, as unemployment rose and property values fell in the United States, Europe and Japan. During the credit crunch, financing became constrained, real estate transactions dropped and new construction stalled. Fortunately, booming commercial real estate activity in Asia offset industry declines in other regions. In the coming years, expanding business and retail operations will drive industry growth, as unemployment declines in mature markets and consumer spending and corporate profit grow in developing economies... read more
Industry Key Buyers
The Global Commercial Real Estate industry is highly diverse, as it comprises firms that operate in more than 35 countries and provide a wide variety of real estate activities, including brokerage, property and facilities management, research, consulting, valuation, appraisal, real estate development, property subdivision and asset management. Most industry operators are small, independent firms with few employees.
The real estate market is generally influenced by domestic conditions, including employment, corporate profit, consumer sentiment and interest rates. Successful firms are required to have strong knowledge of local market conditions, including property prices, zoning ordinances, development restrictions and cultural demands... read more