$4.9bn
$X.Xbn
20,834
12,883
$X.Xbn
The Real Estate Asset Management and Consulting industry in Canada comprises companies that provide auxiliary real estate services. Industry operators provide transactional services, such as escrow and tenant representation. They also generate data and analysis on local and regional markets, and provide consulting and advisory services to property owners, managers, investors and developers. This includes advice on market valuation, property taxes and property management.As with other industries that are heavily reliant on construction activity, the industry has experienced a moderate level of volatility in recent years. Real estate asset management and consulting revenue is expected to grow at a CAGR of 2.8% to $4.9 billion over the past five years, including a 2.3% decrease in 2023 alone, when profit will increase to 23.8%.Real estate asset management and consulting revenue is expected to grow at a CAGR of 1.4% to $5.3 billion over the next five years, with profit reaching 24.3% in 2028. This slower growth is anticipated to be mainly attributed to mounting levels of household debt, rising interest rates and only slow gains in income growth during the outlook period. However, an expanding economy and improving nonresidential construction market are expected to support revenue growth. Additionally, the International Monetary Fund identified Canada's house price-to-rent and house price-to-income ratios as dangerously high. If this trend doesn't improve, uncertainty and volatility is likely to increase in the real estate asset management and consulting industry.
Industry revenue has grown at a CAGR of 2.8 % over the past five years, to reach an estimated $4.9bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
CBRE Group Inc. | 242.3 | N/A | N/A | |
Brookfield Asset Management Inc. | 118.7 | N/A | N/A | |
Jones Lang LaSalle IP Inc. | 108.8 | N/A | N/A |
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Industry revenue is measured across several distinct product and services lines, including Residential property management services, Real estate consulting services and Real estate listing services. Residential property management services is the largest segment of the Real Estate Asset Management & Consulting in Canada.
Real estate consulting services followed the trends of the general real estate market
This industry provides real estate-related services, including escrow, fiduciary, consultancy, research, listings, tenant representation and other miscellaneous activities. The industry does not include real estate agent and broker offices, real estate lessors, real estate property managers or real estate appraiser offices.
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NAICS 531390 - Real Estate Asset Management & Consulting in Canada
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Inflation fears forced the Bank of Canada to change course and increase interest rates. Higher interest rates sapped liquidity from the markets and both individuals and banks...
Learn about an industry's products and services, markets and trends in international trade.
Real estate consulting services followed the trends of the general real estate market. Rising demand in the housing market and improving corporate profit has helped boost thi...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The dispersal of establishments also follows population trends. In general, the more businesses and consumers there are in a province, the great likelihood there is a more th...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Regionalization of services keeps concentration low. Many small real estate asset managers and consultants operate in the state or city where their customers reside.
Learn about the performance of the top companies in the industry.
The Real Estate Asset Management and Consulting industry doesn't have major players. It is difficult for any single company to establish a large market share in this industry...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The industry is exposed to stringent laws pertaining to escrow and fiduciary services. This includes regulations under the Cooperative Credit Associations Act and the Trust a...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Larger companies record higher profit as specialization in specific areas enables them to maximize efficiency and save on wage costs. Real estate asset managers and consultan...
Including values and annual change:
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Key data sources in Canada include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Real Estate Asset Management & Consulting industry in Canada is $4.9bn in 2024.
There are 12,883 businesses in the Real Estate Asset Management & Consulting industry in Canada, which has declined at a CAGR of 2.2 % between 2018 and 2023.
The market size of the Real Estate Asset Management & Consulting industry in Canada has been growing at a CAGR of 2.8 % between 2018 and 2023.
Over the next five years, the Real Estate Asset Management & Consulting industry in Canada is expected to grow.
The biggest companies operating in the Real Estate Asset Management & Consulting market in Canada are CBRE Group Inc., Brookfield Asset Management Inc. and Jones Lang LaSalle IP Inc.
Real estate consulting services and Property management services are part of the Real Estate Asset Management & Consulting industry.
The company holding the most market share in Canada is CBRE Group Inc..
The level of competition is high and steady in the Real Estate Asset Management & Consulting industry in Canada.