Industry Analysis & Industry Trends
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... 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. As .. read more